China Asia Valley Group Limited Reports 10.8% Increase in Total Revenue for H1 2025
Reuters
Aug 28
China Asia Valley Group Limited Reports 10.8% Increase in Total Revenue for H1 2025
China Asia Valley Group Limited has announced its unaudited consolidated interim results for the six-month period ended June 30, 2025. The Group reported a revenue of HK$72.744 million, marking a significant increase from HK$42.705 million in the same period of 2024. Other income and gains also rose to HK$3.822 million from HK$2.303 million. The Group experienced higher staff costs, which increased to HK$13.047 million from HK$8.733 million. Depreciation expenses saw a notable rise to HK$40.696 million, compared to HK$17.889 million during the prior year period. The financial results reflect the Group's performance across its operating segments, which include services and sales of plants, as well as property management and related services. During the reporting period, there were no changes in the valuation techniques for the Group's investment properties. The ultimate holding company is China Asia Group Inc., controlled by Mr. Huang Binghuang. No specific outlook or guidance was provided in the announcement regarding future performance or expectations.
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