HK Stock Movement | CHINA STATE CON (03311) Drops Over 5% as Q3 Revenue Falls 4.69% YoY, Profit Largely Flat
Stock News
Oct 28
CHINA STATE CON (03311) fell more than 5% in trading, dropping 5.73% to HK$9.54 by the time of writing, with a turnover of HK$40.20 million. The company reported that for the nine months ended September 30, 2025, its revenue and share of joint ventures' revenue were approximately RMB77.70 billion and RMB2.68 billion, representing a year-on-year decline of 4.69% and an increase of 17.46%, respectively. Unaudited operating net profit and share of joint ventures' profit totaled around RMB11.92 billion, up 0.18% YoY. During the same period, the group secured new contracts worth approximately RMB128.01 billion, with an outstanding order book of about RMB393.61 billion.
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