China Carbon Neutral's Loss Narrows in Fiscal Year 2025; Shares Lose 3%

MT Newswires Live

2025/10/06

China Carbon Neutral Development (HKG:1372) posted a loss attributable to owners of HK$7.5 million for the year ended June 30, narrowing significantly from a HK$132.8 million loss for the 18-month period ended June 30, 2024, according to an Oct. 3 Hong Kong bourse filing.

Shares of the carbon solutions company were down over 3% in morning trade on Monday.

Loss per share came in at HK$0.0132, compared with HK$0.289 in the prior period.

Revenue fell to HK$579.4 million from HK$959.1 million, reflecting declines in its construction and green credit digital technology businesses.

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