CITIC Resources Holdings Limited Reports Significant Surge in Revenue for H1 2025; Gross Profit Declines
Reuters
Sep 04
CITIC Resources Holdings Limited Reports Significant Surge in Revenue for H1 2025; Gross Profit Declines
CITIC Resources Holdings Limited has reported its unaudited consolidated interim results for the six months ended June 30, 2025. The company achieved a significant increase in revenue, reaching HK$9.38 billion compared to HK$3.94 billion in the same period of 2024. This increase was driven by a substantial rise in the import and export of commodities, which saw revenue jump from HK$2.21 billion in 2024 to HK$7.63 billion in 2025. The company's profit for the period was HK$165.76 million, a decrease from HK$374.50 million reported in the previous year. Earnings per share for the period were HK cents 1.93, down from HK cents 4.49 in 2024. The results also highlighted a gross profit of HK$200.47 million, with other income, gains, and losses, netting at HK$117.22 million. General and administrative expenses were reduced to HK$80.66 million from HK$98.98 million in the previous year. Finance costs amounted to HK$46.12 million, slightly lower than the HK$52.68 million recorded in 2024. The company did not provide specific outlook or guidance for future periods within the report.
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