China City Infrastructure Group Ltd. Posts HK$25.95 Million in Revenue and HK$36.43 Million Net Loss for Six Months Ended June 2025
Reuters
Sep 25, 2025
China City Infrastructure Group Ltd. Posts HK$25.95 Million in Revenue and HK$36.43 Million Net Loss for Six Months Ended June 2025
China City Infrastructure Group Ltd. reported total revenue of HK$25.05 million for the six months ended 30 June 2025, compared to HK$25.95 million for the same period in 2024. The Group recorded a net loss of HK$44.27 million for the period, widening from a net loss of HK$36.43 million in the previous year. The Group's property investment business generated HK$16.87 million in revenue, down from HK$17.87 million last year, while the property management business reported revenue of HK$8.18 million, compared to HK$8.09 million previously. The property development segment did not contribute revenue during the reporting period. Segment operating results for property investment were HK$8.80 million, a decrease from HK$9.19 million a year earlier. Property management segment operating results were HK$0.55 million, compared to HK$2.23 million for the prior period. The Group reported a fair value loss on investment property revaluation of HK$35.87 million, compared to a loss of HK$24.57 million last year. Finance costs for the period totaled HK$19.38 million, compared to HK$20.92 million in the previous year. No significant updates or changes in business operations were disclosed in the interim report.
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