CG SERVICES (06098) rose nearly 4% in Hong Kong trading. At the time of writing, the stock was up 2.53% to HK$6.48, with a turnover of HK$41.22 million. The company announced that it expects to report consolidated revenue between approximately RMB 48.2 billion and RMB 48.5 billion for 2025, representing growth of 9.6% to 10.2% compared to the same period in 2024. The board anticipates that, subject to compliance with the company’s dividend policy and obtaining relevant approvals, the dividend target for 2026 will involve a cash distribution of no less than RMB 1.5 billion. It is worth noting that due to factors including goodwill impairment related to Man Guo and the company’s proactive efforts to clear long-outstanding trade receivables, CG SERVICES expects its unaudited net profit for 2025 to be between approximately RMB 450 million and RMB 650 million, with net profit attributable to owners of the parent around RMB 500 million to RMB 700 million. The announcement also clarified that the goodwill impairment from Man Guo will not be included in the company’s unaudited core net profit attributable to owners. The core net profit attributable to owners is still expected to reach approximately RMB 2.4 billion to RMB 2.7 billion.