Ching Lee (HKG:3728) saw a 23% decline in attributable profit in the six months ended Sept. 30 to HK$2.9 million from HK$3.8 million in the year-ago period, a Monday filing with the Hong Kong bourse said.

Shares of the construction services provider were down nearly 2% in Tuesday afternoon trading.

Earnings per share stood at HK$0.0029, down from HK$0.0037 a year earlier.

The firm attributed the lower profit to a decline in gross profit.

Revenue jumped 38% to HK$791.9 million from HK$573.2 million a year prior, mainly due to a rise in superstructure building works services.