Liu Chong Hing Enterprise (00194) Reports Interim Results with Profit Attributable to Shareholders of HK$16.6 Million, Turning from Loss to Profit Year-on-Year

Stock News
08/07

Liu Chong Hing Enterprise (00194) announced its interim results for the six months ended June 30, 2025. The group achieved revenue of HK$552 million, representing a year-on-year increase of 51.76%. Profit attributable to company shareholders reached HK$16.6 million, compared to a loss of HK$417 million in the same period last year. Basic earnings per share stood at HK$0.04, with the company proposing an interim dividend of HK$0.11 per share.

According to the announcement, for the period ended June 30, 2025, the group recorded an unaudited consolidated profit of approximately HK$13.7 million, compared to a loss of approximately HK$418.5 million in the same period last year, representing an improvement of approximately HK$432.2 million. This change was primarily attributable to reduced fair value losses on investment properties and increased results from joint ventures.

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