China State Construction Engineering Corporation (03311) announces its interim financial results, with a net profit attributable to shareholders of 5.259 billion yuan, an increase of 5.1% year-on-year.

China State Construction (03311) released its interim performance for the six months ending on June 30, 2025. The group achieved a revenue of 56.643 billion yuan (same unit below), representing a 0.1% year-on-year increase. The company's shareholders' profit attributable to equity holders reached 5.259 billion yuan, a 5.1% increase year-on-year. Earnings per share were 101.43 cents, with a proposed interim dividend of 34 Hong Kong cents per share. The Hong Kong government is accelerating the improvement of living conditions for citizens, with continued public housing projects being rolled out. The group actively participated in the construction of public housing projects in Hong Kong and was awarded the New Territories Yuen Long Kam Sheung Road two-unit project, utilizing MiC technology to better serve the people of Hong Kong. Construction in the northern metropolitan area is progressing, with the group winning bids for projects such as the first phase of the Hung Shui Kiu water treatment facility, maintaining a leading position in construction in the northern metropolitan area and receiving high praise from clients for high-quality project delivery. Benefiting from the tourism boom in Macao, the group secured multiple hotel renovation, refurbishment, and expansion projects. Additionally, the M8 Macau Hotel project in the core area of Macao's World Heritage Historic City Center won the IPA International Real Estate Award for the Best Retail Project in the Asia Pacific region, earning recognition from major media outlets such as People.cn Co., Ltd and Hong Kong TVB. The group optimized its management practices in mainland China to promote the integration of regional management in investment and construction technology businesses, further enhancing resource efficiency and business synergy. They have been actively expanding into cities such as Dongguan and Jinan by implementing subscription models. CSC Development, a subsidiary of the group, continues to consolidate its core curtain wall business in Hong Kong and Macao with advanced technology, excellent quality, and premium service, maintaining a leading market share. The company is also expanding its curtain wall inspection, maintenance, and upgrade business based on market demand in the region. CSC Development has deepened its collaboration with mainland resources in mainland China, gaining the trust of Hong Kong developers, new economy enterprises, and improving contract quality steadily. The group has made inroads into the Singapore market, establishing good cooperation with major local owners and securing the bid for the Terminal 2 Hotel at Changi Airport, including some BIPV (Building Integrated Photovoltaics) components, which could potentially become Singapore's first zero-energy hotel. BIPV is a key focus for CSC Development, with successful bids for the largest single-area BIPV project in Chinathe Shenzhen Qianhai Huafa Ice and Snow World project in the first half of the yearand a framework agreement signed with the Kunshan City People's Government to support its green building demonstration city construction with BIPV technology.