CHINA ENVIRONMENTAL RESOURCES GROUP LIMITED (1130) Announces Interim Results for the Six Months Ended 31 December 2025

Bulletin Express
Feb 27

CHINA ENVIRONMENTAL RESOURCES GROUP LIMITED (Stock Code: 1130) announced its unaudited interim results for the six months ended 31 December 2025. The company recorded revenue of HK$27.25 million, compared with HK$29.80 million for the same period in 2024. Gross profit rose slightly to HK$6.53 million from HK$6.41 million.

During the reporting period, the enterprise turned around to a profit of HK$14.27 million, compared with a loss of HK$16.55 million in the prior year. The improvement was attributed partly to an increase in other income as well as higher fair value gain on investment properties, which grew to HK$12.61 million from HK$1.34 million. Meanwhile, the loss from changes in fair value less costs to sell of biological assets was HK$2.33 million, down from HK$6.65 million.

Administrative and operating expenses decreased to HK$14.75 million, compared with HK$18.24 million a year earlier. Finance costs totaled HK$2.76 million, down from HK$2.96 million. Earnings per share increased to 2 HK cents, up from a loss per share of 3 HK cents in the comparative period.

As at 31 December 2025, total assets stood at HK$647.26 million. Total equity was HK$433.34 million, representing a rise from HK$380.59 million as at 30 June 2025. The management resolved not to declare an interim dividend for the period.

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