CHINA WOOD INT (01822) announces interim results with a net loss of HKD 929,000 for shareholders, a decrease of 60.65% year-on-year.
Zhongmu International (01822) released its interim results for the six months ending on June 30, 2025. The group achieved profits...
CHINA WOOD INT (01822) announced its interim performance for the six months ending June 30, 2025. The group achieved a profit of HK$144 million, a decrease of 15.56% year-on-year; the company's attributable loss was HK$929,000, a decrease of 60.65% year-on-year; basic loss per share was 0.13 HK cents.
The announcement stated that the decrease in revenue was mainly due to a decrease in turnover from the timber-related business, from approximately HK$170 million in the six months ending June 30, 2024 to approximately HK$133 million during the reporting period.
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