Ningxia Building Materials Group Co., Ltd. Provides Earnings Guidance for the First Three Quarters of 2019
October 15, 2019 at 12:22 pm
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Ningxia Building Materials Group Co., Ltd. Provided earnings guidance for the first three quarters of 2019. For the period, the company predicts that the net profit owned by shareholders of the listed company in the first three quarters of 2019 will be about RMB 608 million, with an increase of about 75% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in the first three quarters of 2019 will be about RMB 550 million, with an increase of about 67% compared with the same period of the year before.
NINGXIA BUILDING MATERIALS GROUP Co., Ltd is primarily engaged in the manufacture and distribution of cements and commercial concretes. The Companyâs products consist of cements, clinkers and commercial concretes, including 32.5 level, 42.5 level and 52.5 level and 62.5 level Portland cements, ordinary Portland cements, composite Portland cements, slag Portland cements, fly ash cements and road Portland cements, low heat Portland cements, sulphate resisting Portland cements and oil well cements, among others. The Company distributes its products under the brand names of Saima, Qingtongxia, Shuanglu, Liupanshan and Ningzhongning.