CSC DEVELOPMENT (00830) has announced its interim results for the six months ended June 30, 2026, reporting a revenue of HK$3.054 billion, an 8.51% decrease year-on-year. The company’s profit attributable to shareholders fell by 65.48% to HK$133 million, with basic earnings per share of 5.91 HK cents. An interim dividend of 1.8 HK cents per share has been proposed.

According to the company's announcement, the cautious investment stance currently adopted by developers has led to a reduction in new project volumes and revenue during the period, which have yet to recover to previous levels. For the six months ended June 30, 2026, revenue from the curtain wall and contracting business segment decreased to HK$2.579 billion, down 9.5% from HK$2.849 billion in the corresponding period of 2025.

Additionally, the gross profit margin faced pressure due to settlement gains from certain projects falling short of expectations, along with rising raw material prices and the appreciation of the Renminbi, which increased sales costs. As a result, operating profit for the six months ended June 30, 2026, dropped by 67.4% year-on-year to HK$142 million, compared to HK$436 million in the same period last year.