Summary by Moomoo AI
CHINA BUILDING MATERIALS CO., LTD. (“CHINA BUILDING MATERIALS”) HAS ANNOUNCED KEY ACCOUNTING DATA AND FINANCIAL INDICATORS FOR THE THREE MONTHS ENDED MARCH 31, 2024, OF ITS SUBSIDIARY CHINESE MATERIALS TECHNOLOGY CO., LTD. (“CHINA BUILDING MATERIALS”). The report shows that the operating income of Medium Technologies during the reporting period decreased by 12.16% compared to the same period last year, and the net profit attributable to the shareholders of Medium Technology decreased by 47.66%, while net profit excluding non-recurring losses decreased by 70.76%. Net cash flow generated by operating activities also showed a decrease of 41.42%. Basic earnings per share and diluted earnings per share both decreased 47.64%, and the weighted average net asset yield decreased by 1.07%. Despite the decline in profit and operating cash flow, the...Show More