C CHENG HLDGS(01486) announces interim results. The company's net profit attributable to owners of the company was HK$50.82 million, turning a loss into a profit year-on-year.

date
25/08/2025
avatar
GMT Eight
Sicheng Holdings (01486) announced its mid-term performance for 2025, with a profit of approximately 182 million Hong Kong dollars, a decrease compared to the previous year.
C CHENG HLDGS (01486) announced its mid-term performance for 2025, with a profit of approximately HK$182 million, a decrease of 11.8% year-on-year; the net profit attributable to owners of the company was HK$50.825 million, turning from a loss to a profit year-on-year; basic and diluted earnings per share were 13.63 HK cents. The announcement stated that the increase in net profit was mainly due to non-recurring other income (excluding depreciation) of approximately HK$49.128 million recognized during the period as a result of exercising usage rights, increased share of profit from joint ventures, and improved financial performance from cost control measures and streamlining operational expenses.