Summary by Moomoo AI
In 2024, CNBM's revenue was 181.301 billion yuan, a year-on-year decrease of 13.8%; the profit attributable to equity holders was 2.387 billion yuan, down 38.2% year-on-year; net cash flow from operating activities was 23.196 billion yuan. The company plans to distribute a final dividend of 0.158 yuan per share.Due to the reduction in Real Estate Investment and the slowdown of CSI Construction & Engineering Index projects, the demand in the Cement Industry is insufficient, and overcapacity has intensified, leading to the national cement production hitting a fifteen-year low, down 9.5% year-on-year. The revenue from the basic construction materials segment was 91.102 billion yuan, down 23.3% year-on-year; the revenue from the New Materials segment was 47.605 billion yuan, up 6.2% year-on-year...Show More
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