SHING CHI HLDGS (01741) released its annual performance results, with a net loss attributable to shareholders of 11.972 million Hong Kong dollars, an 18.9% increase compared to the previous year.
Chengzhi Holdings (01741) announced its annual performance for the year ending September 30, 2025. The operating revenue from continuing operations was HK$152 million, a year-on-year increase of 5.9%. The company's owners recorded a loss of HK$11.972 million, an 18.9% increase compared to the previous year. The basic loss per share was 1.50 HK cents.
SHING CHI HLDGS (01741) announced its annual results for the year ended September 30, 2025, with a total revenue from continuing operations of HK$152 million, representing a 5.9% year-on-year growth. The company's attributable loss to owners amounted to HK$11.972 million, an 18.9% increase year-on-year, resulting in a basic loss per share of 1.50 HK cents.
The increase in group revenue was mainly driven by the substantial completion of a large project by the end of the year ended September 30, 2025, leading to an increase in revenue contribution from general construction projects and related services. However, this increase was offset by (i) a decrease in revenue contribution from foundation and ground levelling projects due to an increase in the number of lower-value projects undertaken during the year ended September 30, 2025, (ii) a decrease in revenue contribution from other construction projects as several large projects were completed in the previous year, and (iii) a decrease in revenue from construction-related consulting services due to a decline in the number of projects undertaken during the year ended September 30, 2025.
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