Horizon Construction Development Ltd. has announced that it expects a significant decline in its business performance for the year ended 31 December 2025. The company anticipates a nearly 20% decrease in total revenue compared to RMB11.58 billion in 2024. Additionally, profit attributable to shareholders is projected to drop by 70% to 90% from approximately RMB896 million in 2024. The company attributes these declines primarily to a continued fall in domestic equipment rental prices and reduced revenue and gross profit margin from its domestic operating lease service, as well as a decrease in revenue and gross profit margin from engineering and technical services due to a strategic contraction of its material business in Mainland China.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horizon Construction Development Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260129-12004518), on January 29, 2026, and is solely responsible for the information contained therein.