

Core Viewpoint - China Railway Construction Corporation (CRCC) reported a decline in both revenue and net profit for the first half of 2025, indicating challenges in the domestic market while showing growth in overseas contracts [1] Financial Performance - The company's operating revenue for the first half of 2025 was RMB 489.199 billion, with a year-on-year decrease [1] - Net profit attributable to shareholders was RMB 10.701 billion, reflecting a 10.09% decline compared to the previous year [1] - Basic earnings per share stood at RMB 0.70 [1] Contractual Performance - Total new contracts signed amounted to RMB 1,056.1696 billion, down 4.04% year-on-year [1] - Domestic new contracts were RMB 942.0752 billion, accounting for 89.20% of total new contracts, which is an 8.37% decrease year-on-year [1] - Overseas new contracts reached RMB 114.0944 billion, representing 10.80% of total new contracts, with a significant year-on-year increase of 57.43% [1] Unfinished Contracts - As of June 30, 2025, the total amount of unfinished contracts was RMB 8,068.2444 billion [1] - Unfinished domestic contracts totaled RMB 6,539.8293 billion, making up 81.06% of the total [1] - Unfinished overseas contracts amounted to RMB 1,528.4151 billion, accounting for 18.94% of the total [1]