China Communications Construction Company Limited (CCCC, stock code: 1800) disclosed its unaudited 2025 third quarter financial figures. Cumulative operating income reached RMB513.915 billion for the first three quarters of 2025, representing a 4.23% year-on-year decline. In the latest quarter alone, operating income dipped 1.30% year-on-year, narrowing the rate of decrease compared with previous periods.

Net profit attributable to equity holders stood at RMB13.647 billion, 16.14% lower year-on-year; the figure after extraordinary items also declined but showed improvement on a single-quarter basis. The company’s net cash flow from operating activities over the nine-month period was a net outflow of approximately RMB65.79 billion, but the third quarter alone recorded an inflow of RMB11.51 billion, reflecting intensified cash-flow controls.

CCCC also reported progress in new contracts, with a total value of RMB1.33997 trillion in the first three quarters of 2025, marking a 4.65% year-on-year gain and achieving 67% of the full-year plan. Overseas markets contributed RMB284.058 billion, accounting for roughly 21% of the total and rising 7.13% year-on-year. Investments in emerging business fields—including energy engineering, agriculture, and new-generation technologies—saw notable expansions. Meanwhile, the company’s liabilities remained stable, and the asset-liability ratio stayed under control.

To support business development, CCCC continued issuing bonds in 2025. Several tranches of science and technology innovation perpetual corporate bonds and medium-term notes were launched, reflecting the company’s ongoing efforts to optimize its capital structure and operational financing needs.