CHU KONG PIPE (01938) Reports Interim Results with Attributable Profit of RMB172 Million, Up 32.61% Year-on-Year
Stock News
Aug 29
CHU KONG PIPE (01938) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of RMB1.389 billion, representing a decrease of 15.2% compared to the same period last year. Profit attributable to owners of the company reached RMB172 million, marking an increase of 32.61% year-on-year. Earnings per share stood at RMB0.17. According to the announcement, the revenue decline was attributed to the completion of steel pipe deliveries to the major East African crude oil pipeline project during the period.
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