China National Building Material Company Limited provided consolidated earnings guidance for the three months ended 31 March 2024. For the period, the company is expected that the unaudited loss attributable to equity holders of the Group would be approximately RMB 1,300 million, whereas the loss attributable to equity holders of the Group for the three months ended 31 March 2023 (as restated) was approximately RMB 526 million. The above expected decrease is mainly attributable to the decrease in sales prices of cement, commercial concrete and glass fibre (being the major products of the Group), the decline in performance attributed by the associates, the increase in foreign exchange losses and the increase in net loss from change in fair value of financial assets recognised at fair value in the profit and loss accounts of the Group, although part of which has been offset by the decrease in cost of sales of cement and commercial concrete.