Core Viewpoint - China State Construction Industry (00830) anticipates a significant decline in shareholder profit for the fiscal year 2025, projecting approximately HKD 237 million, compared to an estimated HKD 650 million for the fiscal year ending December 31, 2024 [1] Group 1: Profit Forecast - The expected profit for the fiscal year 2025 is approximately HKD 237 million [1] - The estimated profit for the fiscal year ending December 31, 2024, is around HKD 650 million [1] Group 2: Reasons for Profit Decline - The decrease in profit is primarily attributed to the impact of the real estate market and economic cycles, leading to reduced new project volumes and declining revenues [1] - Major projects in Hong Kong and Macau were completed in the previous two fiscal years, resulting in lower revenues for fiscal year 2025 [1] - Increased competition in new project costs and some projects not meeting expected profit margins due to various reasons, including delays in preliminary preparations, extended timelines, or increased modifications, have contributed to rising project costs [1]