China National Building Material : VOLUNTARY ANNOUNCEMENT - RESULTS FORECAST OF BNBM FOR THE THREE MONTHS ENDING 31 MARCH 2021 PURSUANT TO REGULATIONS OF THE SHENZHEN STOCK EXCHANGE
04/13/2021 | 08:52am EDT
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(a joint stock limited company incorporated in the People's Republic of China with limited liability of its members)
RESULTS FORECAST OF
BNBM FOR THE THREE MONTHS ENDING 31 MARCH 2021
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 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 13 April 2021 (the "BNBM Announcement") in relation to the results forecast attributable to the shareholders of BNBM for the three months ended 31 March 2021 (the "BNBM Results Forecast") (available at http://www.cninfo.com.cn for details and for reference only).
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RESULTS FORECAST OF BNBM FOR THE THREE MONTHS ENDING 31 MARCH 2021
1. BNBM Results Forecast
1.1 Relevant period of the BNBM Results Forecast: 1 January 2021 to 31 March 2021
Results forecast of BNBM: increase compared with the corresponding period of last year
for the same
of BNBM for this
(1 January 2021
(1 January 2020
the same period
to 31 March 2021) to 31 March 2020)
of last year
Net profit/(net losses) attributable to
500 million to
shareholders of BNBM
Basic earnings/(losses) per share
0.296 to 0.343
Audit status of the BNBM Results Forecast
This results forecast has not been pre-audited by a certified public accountant.
Explanations on changes in results of BNBM
The results of BNBM was expected to increase compared with the corresponding period of last year, which is mainly attributable to the following reasons: the increase of the sales volume of BNBM's key products, contributing to an increase in sales revenue and a corresponding increase in the net profit of BNBM, while BNBM's production and sales were affected to some extent by the impact of the COVID-19 during the same period of last year.
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4. 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 quarter of 2021 will be subject to the disclosure of the first quarterly report for the three months ended 31 March 2021 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*
Secretary of the Board
Beijing, the PRC
13 April 2021
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.
CNBM - China National Building Material Co. Ltd. published this content on 13 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2021 12:51:03 UTC.
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