JUJIANG CONS (01459) Reports Interim Results with Shareholders' Loss of RMB 1.111 Million

Stock News
Aug 20

JUJIANG CONS (01459) announced its interim results for the six months ended June 30, 2025, reporting revenue of RMB 2.335 billion, representing a year-on-year decrease of 39.1%. The company recorded a loss attributable to owners of the parent company of RMB 1.111 million, compared to a profit of RMB 14.83 million in the same period last year.

The decline in revenue during the period was primarily attributed to a reduction of approximately RMB 1.494 billion in construction contracting business for the six months ended June 30, 2025. This decrease in construction contracting business was mainly due to the overall downturn in the property market during the six months ended June 30, 2025, and the reduction in net value of new projects undertaken by the group.

Revenue from residential and industrial and public building contracting business for the six months ended June 30, 2025 decreased by approximately RMB 650.6 million, RMB 568.6 million and RMB 239.3 million respectively compared to the same period last year.

Compared to the previous year, the group has allocated additional resources and focused on high-value projects with good credit standing to mitigate business risks.

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