CNQC International Holdings Ltd. Reports 2025 Interim Results: Net Profit Rises to HK$80.9 Million, Cash and Cash Equivalents Decrease by HK$401.2 Million
Reuters
Sep 05
CNQC International Holdings Ltd. Reports 2025 Interim Results: Net Profit Rises to HK$80.9 Million, Cash and Cash Equivalents Decrease by HK$401.2 Million
CNQC International Holdings Ltd. has released its interim financial results for the six months ended 30 June 2025. The company reported revenue of HK$4.4 billion, a decrease from HK$4.9 billion in the same period last year. The cost of sales also decreased from HK$4.6 billion to HK$4.1 billion. The gross profit for the period was HK$301.1 million, compared to HK$280.7 million in 2024. The company reported a net finance cost of HK$36.7 million, a reduction from HK$126.1 million in the previous period. Profit before income tax rose to HK$80.9 million from HK$54.3 million in 2024. The total comprehensive income for the period attributable to the owners of the company was HK$225.1 million, showing a significant improvement from HK$7.6 million in the previous period. No specific outlook or guidance was provided in the report.
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