Chinney Alliance Reports 9.2% Revenue Increase in Foundation Division for H1 2025, Operating Profits Rise to HK$75.5 Million
Reuters
Aug 28
Chinney Alliance Reports 9.2% Revenue Increase in Foundation Division for H1 2025, Operating Profits Rise to HK$75.5 Million
Chinney Alliance Group Limited has released its interim results for the six months ended 30 June 2025. The company's unaudited condensed consolidated statement of profit or loss reported a revenue of HK$3.296 billion, representing a slight decrease from HK$3.447 billion in the same period of 2024. The cost of sales/services provided also decreased to HK$2.957 billion from HK$3.074 billion in the previous year, resulting in a gross profit of HK$339.5 million, down from HK$372.5 million in 2024. The Group's profit for the period reached HK$36.4 million, a slight increase from HK$35.6 million in the previous year. This was attributable to both the owners of the company and non-controlling interests, with earnings per share for ordinary equity holders reported at HK3.5 cents, compared to HK3.6 cents in the prior year. There were no significant updates about the company's business operations in the released document.
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