BBMG Corp revenue edges up 3% in 2024
BBMG Corp saw a 2.6 per cent YoY increase in operating revenue of CNY110.7bn (US$15.2bn) in 2024 despite continued economic challenges in China and abroad. The company’s total p...
Bbmg Corp
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BBMG Corp posts 34% rise in 3Q revenue
China-based BBMG Corp reported an operating revenue of CNY31,474.1m (US$4430.8m) in the July-September 2024 (3Q24) period, up 34.2 per cent YoY. The company’s net profit attribu...
BBMG Corp sees net profit fall 50%
China’s BBMG Corp has seen its net profit fall 50 per cent YoY to CNY1.52bn (US$219.6m) for the first half of 2020. Operating revenue also declined 8.3 per cent to CNY40.93bn, a...
BBMG to sell 7 cement companies to Jidong Cement
BBMG Corp has announced that it will sell the entire equity interests in seven cement companies to China’s Jidong Cement for a total consideration of CNY1.54bn (US$227.06m). BBM...
BBMG and Tangshan Jidong resume US$290m Zambia plant
BBMG Corp and Tangshan Jidong Cement recently resumed work on the development of a 1.28Mta cement plant in Zambia. They will build the waste heat recovery unit and the first cli...
BBMG expects rise of up to 12% in net profit for 2017
BBMG Corp expects a rise in net profit of 0.5-11.5 per cent YoY for the full-year of 2017, reports Nikkei. This translates to a net profit between CNY2.7bn (US$418.9m) and CNY3b...
China: new economic zone to boost cement companies' shares
When the Shanghai stock market opens on Wednesday next week it is expected to see cement company shares rocket on the back of the announcement of a new Chinese economic zone out...
China: BBMG sells stakes to Jidong Cement
Chinese building materials supplier, BBMG Corp has plans to sell its stakes in 31 cement-related companies to Jidong Cement. The stakes on offer are valued at CNY15.5bn (US$2.3bn).
China: BBMG Corp expects lower profit on weaker cement demand and pricing
China-based BBMG Corp said it expects to record a 10-22 per cent decrease in net profit attributable to shareholders for the year ended 31 December 2015 compared to a year earli...
BBMG Corp issues profit warning, China
Chinese cement producer and property developer BBMG Corp said its 2014 net profit is expected to fall by up to 25 per cent from the year earlier, on weaker sales in the property...