China Energy Development Holdings Ltd. Reports 28% Drop in Revenue for H1 2025

Reuters
08/28
<a href="https://laohu8.com/S/00228">China Energy</a> Development Holdings Ltd. Reports 28% Drop in Revenue for H1 2025

China Energy Development Holdings Ltd. announced its unaudited interim results for the six months ended 30 June 2025. The company reported a decrease in revenue, amounting to approximately HK$118.8 million, compared to approximately HK$165.8 million in the same period in 2024. This decline was primarily attributed to the exploration, production, and distribution of natural gas segment. The company also reported a segment profit before income tax of approximately HK$25.7 million, a decrease from the previous period. The money lending business segment did not generate any revenue during this period, with a segment loss before tax expenses of approximately HK$36,000, reflecting the company's stringent credit policy amid economic uncertainties. No outlook or guidance was provided in the announcement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Energy Development Holdings Ltd. published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.

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