Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(a joint stock limited company incorporated in the People's Republic of China with limited liability of its members)
VOLUNTARY ANNOUNCEMENT
THE REVISED RESULTS FORECAST OF BNBM FOR THE NINE MONTHS ENDING 30 SEPTEMBER 2020
PURSUANT TO REGULATIONS OF THE
SHENZHEN STOCK EXCHANGE
This announcement is made by China National Building Material Company Limited* (the "Company") on a voluntary basis. The issue of the BNBM Announcement (as defined below) containing the BNBM Revised Results Forecast (as defined below) is solely due to the relevant regulations of the Shenzhen Stock Exchange.
Reference is made to the announcement of Beijing New Building Materials Public Limited Company* (a subsidiary of the Company and whose A shares are listed and traded on the Shenzhen Stock Exchange (stock code: 000786), "BNBM") dated 14 October 2020 (the "BNBM Announcement") in relation to the revised results forecast attributable to the equity holders of BNBM for the nine months ended 30 September 2020 (available at http://www.cninfo.com.cn for details and for reference only) (the "BNBM Revised Results Forecast"), and the Company's voluntary announcement dated 19 August 2020 in relation to the results forecast of BNBM for the nine months ending 30 September 2020.
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REVISED RESULTS FORECAST OF BNBM FOR THE NINE MONTHS ENDING 30 SEPTEMBER 2020
- BNBM Results Forecast
1. Relevant period of the BNBM results forecast: 1 January 2020 to 30 September 2020
- Previous results forecast of BNBM: BNBM disclosed the Results Forecast of Beijing New Building Materials Public Limited Company for the First Three Quarters of 2020 in its announcement dated 20 August 2020 estimating that the net profit attributable to shareholders of BNBM for the first three quarters of 2020 will be within the range of RMB1,585.0000 million to RMB1,687.0000 million.
- Revised results forecast of BNBM: turn a loss into a gain, compared with the same period of last year
Currency: RMB | |||
Financial data | |||
Results forecast of BNBM for | for the same | ||
this reporting period | period last year (1 | ||
(1 January 2020 to 30 September 2020) | January 2019 to 30 | ||
Item | Before revision | After revision | September 2019) |
Net profit/(net losses) | 1,585.0000 million to | 1,950.0000 million to | (10.8354 million) |
attributable to equity holders | 1,687.0000 million | 2,050.0000 million | |
of BNBM | |||
Increase as compared | Increase as compared | ||
with the same period | with the same period | ||
of last year: | of last year: | ||
14,727.98% | 18,096.57% | ||
to 15,669.34% | to 19,019.47% | ||
Basic earnings/(losses) per | approximately | approximately | (0.006) |
share | 0.938 to 0.999 | 1.154 to 1.213 |
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2. Relevant period of the BNBM results forecast: 1 July 2020 to 30 September 2020
- Previous results forecast of BNBM: BNBM disclosed the Results Forecast of Beijing New Building Materials Public Limited Company for the First Three Quarters of 2020 in its announcement dated 20 August 2020 estimating that the net profit attributable to shareholders of BNBM for the third quarter of 2020 will be within the range of RMB682.2394 million to RMB784.2394 million.
- Revised results forecast of BNBM: increase compared with the corresponding period last year
Currency: RMB | |||
Financial data | |||
for the same | |||
Results forecast of BNBM for | period last year | ||
the reporting period | (1 July 2019 | ||
(1 July 2020 to 30 September 2020) | to 30 September | ||
Item | Before revision | After revision | 2019) |
Net profit/(net losses) | 682.2394 million to | 1,047.2394 million to | 680.6033 million |
attributable to equity | 784.2394 million | 1,147.2394 million | |
holders of BNBM | |||
Increase as compared | Increase as compared | ||
with the same period | with the same period | ||
of last year: | of last year: | ||
0.24% to | 53.87% to | ||
15.23% | 68.56% | ||
Basic earnings/(losses) per | approximately | approximately | 0.403 |
share | 0.404 to 0.464 | 0.620 to 0.679 |
- Audit status of the BNBM Revised Results Forecast
This BNBM Revised Results Forecast has not been pre-audited by a certified public accountant.
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III. Explanations on the revision of the results forecast of BNBM
The revision of the results forecast is mainly attributable to the following reasons: steady improvement in operation of BNBM against the previous estimation and increase in revenue and profits as compared with the previous estimation.
IV. Other relevant explanations
The above preliminary information is the preliminary results as projected by the finance department of BNBM. The actual results of BNBM for the first three quarters of 2020 will be subject to the disclosure of the third quarterly report of 2020 by BNBM.
Investors are advised to be prudent when making decisions, and be aware of investment risks.
By order of the Board
China National Building Material Company Limited*
Yu Kaijun
Secretary of the Board
Beijing, the PRC
14 October 2020
As at the date of this announcement, the board of directors of the Company comprises Mr. Cao Jianglin, Mr. Peng Shou, Mr. Cui Xingtai and Mr. Fu Jinguang as executive directors, Ms. Zhan Yanjing, Mr. Chang Zhangli, Mr. Tao Zheng, Mr. Chen Yongxin, Mr. Shen Yungang and Ms. Fan Xiaoyan as non-executive directors and Mr. Sun Yanjun, Mr. Liu Jianwen, Mr. Zhou Fangsheng, Mr. Li Jun and Ms. Xia Xue as independent non-executive directors.
- For identification purposes only
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CNBM - China National Building Material Co. Ltd. published this content on 14 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 October 2020 13:09:07 UTC