China Overseas Grand Oceans Group Logs 68% Higher Profit in H1; Shares Jump 5%

MT Newswires Live

2025/08/25

China Overseas Grand Oceans Group (HKG:0081) reported 283.8 million yuan in attributable profit for the first half of 2025, rising 68% from the 884.6 million yuan reported a year earlier, according to a Hong Kong bourse filing Monday.

Earnings per share were 0.08 yuan, compared with 0.249 yuan in the prior year.

Revenue decreased 33% year on year to 14.5 billion yuan, figures showed.

The company also declared a dividend of HK$0.01 per share, payable Oct. 17 to shareholders of record on Sept. 22.

Shares of the property developer jumped 5% in afternoon trade.

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