CNQC INT'L (01240) Announces Interim Results with Profit Attributable to Owners of HK$29.92 Million, Up 25.55% Year-on-Year
Stock News
Aug 29
CNQC INT'L (01240) has released its interim results for 2025, reporting revenue of approximately HK$4.404 billion, representing a year-on-year decrease of 9.82%. The profit attributable to company owners reached HK$29.92 million, marking a 25.55% increase compared to the same period last year, with earnings per share of HK$0.018.
According to the announcement, the revenue decline was primarily attributed to reduced recognition of sales revenue from property development projects during the reporting period. The increase in net profit was mainly driven by decreased financial costs, resulting in substantial cost savings.
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