CHU KONG PIPE (01938) has disclosed its financial results for the fiscal year ended December 31, 2025. The group reported revenue of 2.352 billion yuan, representing a decrease of 20% compared to the previous year. However, profit attributable to owners of the company was 246 million yuan, an increase of 15.82% year-on-year. Earnings per share for the period were 0.24 yuan. During 2025, the group secured new orders for approximately 514,000 tonnes of welded steel pipes. The group delivered approximately 419,000 tonnes of welded steel pipes throughout the year. Several major domestic and international orders were received, including projects such as the Kazakhstan Beyneu–Bozoy–Shymkent Gas Pipeline, the Abu Dhabi National Oil Company (ADNOC) Umm Shaif Long-Term Development Plan Phase 2 (LTDP-2), the ADNOC Low-Carbon LNG Pipeline Project (P2820), the first phase of the port and supporting infrastructure project in Lingao Golden Port Development Zone, Hainan Province, and Construction Lot II of the Boluo County Raw Water Supply Transmission Project.