China Chengtong Development (HKG:0217) reported a profit attributable to owners of HK$9.9 million for the first half of 2025, down from HK$26.7 million a year earlier, according to a Monday Hong Kong bourse filing.

Shares of the firm were down nearly 2% in Tuesday's late-morning trade.

Earnings per share came in at HK$0.0017, compared with HK$0.0045 in the prior-year period.

Revenue fell to HK$205.4 million from HK$323.5 million.