Core Viewpoint - China Chengtong Development Group (00217) issued a profit warning, expecting a significant decline in net profit for the first half of 2025, projecting approximately HKD 10 million, a decrease of about 63% compared to the same period in 2024 [1] Financial Performance - The company anticipates a net profit of approximately HKD 10 million for the first half of 2025, down from the net profit recorded in the first half of 2024 [1] - The decline in profit is attributed to several factors, including slow global economic recovery, ongoing geopolitical economic changes, and a downward trend in domestic interest rates in China [1] Business Impact - The company's leasing segment has experienced a significant drop in revenue and gross profit contribution, primarily due to the tight market for quality assets [1]
中国诚通发展集团(00217)发盈警，预期上半年除税后溢利约1000万港元，同比下降约63%