Zhongtian Construction Reports 2.8% Revenue Decline, Loss Narrows to RMB18.4 Million in 1H2025, EPS at RMB3.19 Cents
Reuters
Aug 29
Zhongtian Construction Reports 2.8% Revenue Decline, Loss Narrows to RMB18.4 Million in 1H2025, EPS at RMB3.19 Cents
Zhongtian Construction (Hunan) Group Limited has announced its unaudited interim results for the six months ended 30 June 2025. The Group reported a decrease in revenue to approximately RMB346.6 million, down 2.8% from RMB356.5 million during the same period in 2024. Despite the decrease in revenue, the Group's gross profit rose slightly to approximately RMB39.1 million from RMB38.7 million in 2024, with the gross profit margin increasing from 10.9% to 11.3%. The loss attributable to owners of the Company for this period was approximately RMB18.4 million, an improvement compared to the loss of RMB21.6 million in the previous year. The Board has decided not to declare an interim dividend for the first half of 2025, consistent with the decision for the same period in 2024. In terms of business operations, the Group is exploring new opportunities in urban renewal, infrastructure upgrades, and green construction initiatives, aligning with government policy support. Zhongtian Construction remains optimistic about capturing opportunities when market conditions improve, leveraging its long operating history and established market presence in Hunan Province.
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