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CR BLDG MAT TEC (01313.HK) has been granted a term loan facility of 1.3 billion Hong Kong dollars.
On March 21, Gelonghui reported that CR BLDG MAT TEC (01313.HK) announced that on March 21, 2025, the company's wholly-owned subsidiary, Zhonggang Concrete Co., Ltd. (as the borrower), entered into a letter agreement with a bank (the "lender") for a term loan facility of HKD 1.3 billion, with a final maturity date of three years from the date of the first drawdown.
Express News | China Resources Building Materials Technology - Unit Entered Term Loan Facility of HKD1.30 Bln
[Brokerage Focus] Tianfeng maintains a "Buy" rating for CR BLDG MAT TEC (01313), expecting positive year-on-year growth in Cement prices in 2025.
Jinwu Financial News | Tianfeng issued a Research Report indicating that CR BLDG MAT TEC (01313) released its annual report for 2024, achieving revenue/Net income of 0.211 billion yuan, a year-on-year decrease of -10.47%/-67.25%, and a deduction of non-Net income of 0.0211 billion yuan, a year-on-year decrease of -36.73%. Among these, in Q4, the single-quarter revenue reached 7.04 billion yuan, a year-on-year decrease of -16.4%, with a Net income of -0.098 billion yuan, an increase in loss year-on-year, and a deduction of non-Net income of -0.0098 billion yuan, a reduction in loss year-on-year. In 2024, the company made a total impairment provision of 0.5 billion yuan, including impairments of goodwill/fixed assets/inventory.
Earnings Miss: China Resources Building Materials Technology Holdings Limited Missed EPS By 64% And Analysts Are Revising Their Forecasts
Brokerage morning meeting highlights: remain bullish on Publishing and AI+Education investment opportunities.
In today's Brokerage morning meeting, Zhongtai stated that it remains Bullish on Publishing and AI+Education investment opportunities; CITIC SEC pointed out that it is important to focus on the valuation increase of the Education Sector; China Securities Co.,Ltd. noted that the price increase of Cement and fiberglass continues, and the timing for allocating cyclical sectors has arrived.
Trending Industry Today: CR BLDG MAT TEC Leads Gains In Building Materials Stocks
Returns On Capital Signal Tricky Times Ahead For China Resources Building Materials Technology Holdings (HKG:1313)
