SHANGHAI IND H (00363) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$9.476 billion, representing a decrease of 8.61% year-on-year. Profit attributable to owners of the company stood at HK$1.042 billion, down 13.25% compared to the same period last year. Earnings per share reached HK$0.958, with the company proposing an interim dividend of HK$0.42 per share.
According to the announcement, the decline in revenue and profit was primarily attributed to reduced property delivery and sales conversion in the real estate business compared to the same period last year, along with substantial provisions for real estate inventory write-downs and decreased fair value of investment properties.
Facing a complex and volatile external environment, the group's board of directors and management team actively responded to challenges while maintaining steady progress. On one hand, they seized national policy opportunities to explore new growth areas; on the other hand, they continued to optimize the industrial layout, strengthen refined management, and improve operational efficiency to ensure stable operation and development of core businesses.
The toll road business continued to provide stable cash flow for the group. During the period, the group actively responded to national policy guidance, focusing on water treatment and water resource utilization as its main business, working to expand market share, continuously optimize business layout, strengthen operational efficiency, enhance scale and benefits, and consolidate the group's leading position in China's water and environmental protection industry.
Looking ahead to the second half of 2025, although China's economy shows signs of stabilization with continued policy support, economic prospects still face significant uncertainties due to ongoing international geopolitical tensions and rising trade unilateralism. In this complex environment, the group's business development faces multiple challenges while also containing new opportunities.
The company will adhere to prudent operating principles and persist with innovation-driven development strategies. On one hand, it will accelerate the transformation and upgrading of main businesses and deepen the integration of finance and industry; on the other hand, it will strengthen comprehensive risk management systems and improve profitability. Meanwhile, the company will assess situations appropriately and advance asset structure optimization adjustments when appropriate to effectively enhance core competitiveness and create long-term sustainable value returns for shareholders.