Tianshan Material's Q3 Loss Narrows; Shares Drop 3%

MT Newswires Live10-24

Tianshan Material (SHE:000877), formerly Xinjiangtianshan Cement, said its third-quarter net attributable loss narrowed year on year to 258.8 million yuan, or 0.0364 yuan per share, according to a Shenzhen bourse filing on Friday.

The attributable loss a year earlier was 334.2 million yuan, or 0.0438 yuan per share.

Operating revenue fell 13% to almost 19 billion yuan from 21.8 billion yuan in the previous year.

The Chinese building materials maker's shares fell less than 3% in the afternoon trade.

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