On March 23, China National Building Material Company Limited (hereinafter referred to as CNBM Ltd.) (stock code: HK3323) released its 2019 Annual Results Announcement. On March 24, Cao Jianglin, General Manager of China National Building Material Group Co., Ltd. and Board Chairman of CNBM Ltd., led the management team to hold a Results Press Teleconference.
In 2019, CNBM Ltd. achieved revenue of 253.4 billion yuan, up 15.7% year-on-year, gross profit of 27.45 billion yuan, up 35.9% year-on-year, net cash flow from operating activities of 63.35 billion yuan, up 31.0% year-on-year, and net income attributable to parent of 10.97 billion yuan, up 38.4% year-on-year. The sales volume of cement clinker was 391 million tons, up 6.0% year-on-year. The sales volume of commercial concrete was 112 million cubic meters, up 16.5% year-on-year. The sales volume of aggregates was 52.38 million tons, up 48.5% year-on-year. The sales volume of gypsum boards was 1,966 million square meters, up 5.2% year-on-year. The sales volume of fiberglass yarn was 2.48 million tons, up 12.1% year-on-year. The sales volume of wind turbine blades was 10,829 MW, up 34.7% year-on-year. The revenue of engineering services was 40.4 billion yuan, up 18.1% year-on-year.