Summary by Moomoo AI
CR Bldg Mat Tec Holdings Limited ("CR Bldg Mat Tec") issued a profit warning, announcing that the unaudited comprehensive management accounts for the nine months ended on September 30, 2024, showed that the profit attributable to owners of the company is expected to decrease by about 47% to 57% compared to the same period in 2023. This decrease is mainly due to the decline in cement product and concrete sales prices, resulting in a decrease in comprehensive gross profit and gross margin. The company emphasizes that this forecast is based on preliminary assessment and has not been audited or reviewed by independent auditors or audit committees. Specific financial information will be subject to future announcements. The company released this news on October 14, 2024, reminding shareholders and potential investors to trade prudently.
