Ningxia Building Materials Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 10:55 am EDT
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Ningxia Building Materials Group Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 575.256 million compared to CNY 378.811 million a year ago. Operating income was CNY 6.220 million compared to operating loss of CNY 24.126 million a year ago. Net income was CNY 1.749 million compared to net loss of CNY 16.960 million a year ago. Basic earnings per share from continuing operations was CNY 0.0037 compared to basic loss per share from continuing operations of CNY 0.0355 a year ago.
NINGXIA BUILDING MATERIALS GROUP Co., Ltd is primarily engaged in the manufacture and distribution of cements and commercial concretes. The Companyâs products consist of cements, clinkers and commercial concretes, including 32.5 level, 42.5 level and 52.5 level and 62.5 level Portland cements, ordinary Portland cements, composite Portland cements, slag Portland cements, fly ash cements and road Portland cements, low heat Portland cements, sulphate resisting Portland cements and oil well cements, among others. The Company distributes its products under the brand names of Saima, Qingtongxia, Shuanglu, Liupanshan and Ningzhongning.
NINGXIA BUILDING MATERIALS GROUP CO.,LTD 
