Business
Beijing New Building Materials: Q3 revenue up 19.82% and net profit up 8.23%, with focus shifting to core gypsum board business
Beijing New Building Materials: Q3 revenue up 19.82% and net profit up 8.23%, with focus shifting to core gypsum board business

About this update from Beijing New Building Materials (group) Co Ltd Class A
Q3 2024 revenue rose 19.82% year-over-year to ¥6.77 billion, with net profit up 8.23%. Asset and liability changes were driven by acquisitions and sales growth. The company is reallocating resources to its core gypsum board business amid a challenging real estate market.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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