CNBM Subsidiary Sinoma International Posts 31% Profit Slide in Q1 2026 as Revenue Falls 6%

Bulletin Express04-28 21:11

China National Building Material Company Limited (CNBM, 03323.HK) reported that its Shanghai-listed subsidiary, Sinoma International Engineering Co., Ltd., recorded weaker top- and bottom-line results for the three months ended 31 March 2026.

Operating revenue fell 6.33% year on year to RMB 9.50 billion, while profit before tax declined 31.72% to RMB 0.57 billion. Net profit attributable to Sinoma International shareholders slid 31.43% to RMB 0.45 billion, equivalent to basic and diluted earnings per share of RMB 0.17, down 32.00% from the prior-year period. Excluding extraordinary items, net profit decreased 27.81% to RMB 0.43 billion.

Operating cash outflow narrowed to RMB 1.22 billion from RMB 1.87 billion a year earlier. The weighted average return on net assets dropped 1.13 percentage points to 1.96%.

As of 31 March 2026, Sinoma International’s total assets stood at RMB 64.00 billion, up 3.17% from year-end 2025. Net assets attributable to shareholders reached RMB 23.40 billion, representing a 1.92% increase over the same period.

CNBM highlighted that the full first-quarter report of Sinoma International will be available on the Shanghai Stock Exchange website.

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