China National Building Material Company Limited provided earnings guidance for the three months ended 31 March 2020. The group is expected that the unaudited profit attributable to equity holders of the Group for the three months ended 31 March 2020 will decrease by over 70% as compared with that of the same period in 2019. The above expected decrease is mainly attributable to the impact of COVID-19 outbreak leading to the decrease in the sales volume of cement, commercial concrete and gypsum board, being the major products of the Group, and the substantial decrease in the fair value of financial assets recognised at fair value through profit or loss of the Group, partially offset by the substantial increase in gain on disposal of assets.