China: China National Building Material (CNBM) recorded a net profit of US$131m in the first half of 2026, down by 35% year-on-year. Dow Jones Newswires has reported that the group cited a decline in the selling price of gypsum wallboard, alongside other ‘major product lines’ as a key contributor to the decline. Additionally, CNBM’s assets underwent a rise in impairment losses.
Lower prices contribute to drop in first-half profit for CNBM
