CN Cultural-NEW Reports Fiscal Year Turnaround with HK$53.1 Million Profit
Stock News
Mar 27
CN Cultural-NEW (00542) announced its full-year results for the period ending 2025. The group recorded revenue of HK$762 million, an increase of 252.67% compared to the previous year. Profit attributable to the company's owners was HK$53.109 million, representing a significant turnaround from a loss in the prior year. Earnings per share stood at 3.46 HK cents. The substantial increase in total revenue was primarily attributed to a surge in property sales by the group during 2025. The profit was mainly due to gains from the disposal of subsidiaries.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.