China: China National Building Materials’ (CNDM) operating revenue rose by 26% year-on-year to US$13.3bn for the first nine months of 2017 from US$10.6bn in the same period in 2016. Its net profit more than doubled to US$588m from US$175m. CNBM and China National Materials Company (Sinoma) formerly entered into a merger agreement in September 2017.

China National Building Materials’ sales revenue rises by 26% to US$13.3bn so far in 2017
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