China: China National Building Material (CNBM) expects its profit to decline by 50% year-on-year in the first nine months of 2022. The group said that this will be due in part to reduced cement sales, increased costs resulting from high coal prices and a 'substantial' decline in the value of its financial assets.
China National Building Material expects profit to halve in first nine months of 2022
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URL: https://www.globalcement.com/news/item/14748-china-national-building-material-expects-profit-to-halve-in-first-nine-months-of-2022
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