重庆建工：上半年实现营业总收入逾143亿元

Core Viewpoint - Chongqing Construction reported a decline in revenue and net profit for the first half of 2025, primarily due to challenges in the construction industry, including project delays and increased competition [1][2] Financial Performance - The company achieved total revenue of 14.361 billion yuan, with a net profit attributable to shareholders of -249 million yuan and a non-recurring net profit of -265 million yuan, resulting in a basic earnings per share of -0.1309 yuan [1] - The gross profit margin decreased from 6.01% in the same period last year to 4.67%, a decline of 1.34 percentage points [1] - The company recorded credit impairment losses and asset impairment losses totaling 96.2531 million yuan, which reduced net profit by approximately 81.4359 million yuan [1] - Total expenses for the first half were 720 million yuan, a decrease of 118 million yuan year-on-year, with an expense ratio of 5.01%, down 0.36 percentage points [1] Market Expansion and Contracts - The company signed 325 engineering contracts in the first half, with a total contract value of 24.271 billion yuan [2] - It capitalized on opportunities from the Chengdu-Chongqing economic circle and the Belt and Road Initiative, securing contracts worth 12.763 billion yuan, accounting for 52.59% of the total [2] - Contracts with local governments and state-owned enterprises amounted to 11.508 billion yuan, representing 47.41% of the total [2] - The company is involved in significant projects such as the Chongqing Rail Transit Line 7 and various urban development projects, which are expected to support future revenue growth [2] Industry Recognition and Support - Chongqing Construction ranks among the Fortune China 500, with operations across all provinces and regions in China and over 20 countries globally [3] - The company has received numerous national awards, including 28 Luban Awards and 6 Zhan Tianyou Awards, enhancing its reputation in the industry [3] - The company and its subsidiaries are included in the Chongqing Public Resource Trading Management Bureau's red list, benefiting from reduced guarantee deposits for bidding and performance [3]