China State Construction Development Holdings Limited Reports 29.3% Drop in Revenue and 29.8% Decrease in Profit for H1 2025; EPS Falls by 29.9%
Reuters
Sep 15
<a href="https://laohu8.com/S/CCOHF">China State Construction</a> Development Holdings Limited Reports 29.3% Drop in Revenue and 29.8% Decrease in Profit for H1 2025; EPS Falls by 29.9%
China State Construction Development Holdings Limited reported a decrease in revenue for the six months ended June 30, 2025. The Group's revenue fell by 29.3% to HK$3.338 billion compared to HK$4.722 billion for the same period in 2024. The profit attributable to owners of the Company also saw a decline, decreasing by 29.8% to HK$386 million from HK$550 million in the prior year. The basic earnings per share decreased to HK$17.12 cents from HK$24.41 cents, marking a 29.9% decline. The company attributed part of the decrease in revenue to the completion of several large-scale projects in Hong Kong and Macau in the previous year. Despite these challenges, the Board has declared an interim dividend of HK$5.0 cents per share. The first half of 2025 saw significant disruptions in international trade and investment due to heightened global tariff rates and escalating trade tensions. However, China State Construction Development Holdings Limited emphasized its commitment to maintaining cost-efficiency through refined management and proactively addressing downward market pressures.
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