China OVS PPT (02669) Announces Interim Results with Profit Attributable to Ordinary Shareholders of RMB 769 Million, Up 4.3% Year-over-Year

Stock News
Aug 25

China OVS PPT (02669) announced its interim results for 2025, with overall revenue rising 3.7% year-over-year to RMB 7.0895 billion. Gross profit increased 4.7% compared to the same period last year to RMB 1.2024 billion, while profit attributable to ordinary shareholders grew 4.3% year-over-year to RMB 769 million. Basic and diluted earnings per share reached RMB 23.42 cents, with an interim dividend of HK$9.0 cents per share and a special dividend of HK$1.0 cent per share.

Leveraging the group's brand value, reputation, and scale advantages, the company steadily expanded its market presence by securing diverse projects through a balanced and diversified market portfolio, gradually expanding its customer base and operational scale. During the period, the company secured new orders totaling 31.8 million square meters, with 84.0% coming from independent third parties, and the total value of new contracts reached approximately RMB 2.2578 billion.

However, in balancing the trade-offs between scale and efficiency, the company continued to optimize its business structure and project management, withdrawing from 26.8 million square meters of projects. As a result, as of June 30, 2025, the total managed area increased modestly by 5 million square meters compared to year-end to 436 million square meters.

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