China New Town Development's 2025 Profit Rises as Revenue Jumps 15%

MT Newswires Live

Mar 23

China New Town Development (HKG:1278) booked 73.3 million yuan in attributable profit for 2025, compared with 44.3 million yuan in 2024, according to a Hong Kong bourse filing on Friday.

Shares of the property developer gained nearly 3% in late morning trade Monday.

Earnings per share came in at 0.0075 yuan, compared with 0.0046 yuan in the prior year.

Revenue rose 15% year on year to 388.9 million yuan, figures showed.

The company declared a dividend of HK$0.0025 per share, payable July 27 to shareholders on record as of July 6.

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