Core Viewpoint - The company reported a revenue of HKD 405 million for the six months ending June 30, 2025, reflecting a year-on-year increase of 3.97% despite a net loss attributable to shareholders of HKD 14.757 million, which decreased by 42.92% compared to the previous year [1] Revenue Performance - The revenue growth was primarily driven by an increase in the shipment volume of smart vending systems [1] - The demand for smart chargers, switch power supplies, and electromechanical products in the company's core Western markets weakened, partially offsetting the revenue growth [1] Earnings and Dividends - The basic loss per share was reported at HKD 0.0148 [1] - The company proposed an interim dividend of HKD 0.006 per ordinary share [1]

建德国际控股(00865)发布截至2025年6月30日止6个月的中期业绩，该集团取得收益6393.7万元，去年同 期收益6393.4万元;公司拥有人应占亏损245.3万元，同比减少35.95%;每股基本亏损0.04分。 公告称，本集团截至2025年6月30日止6个月的收益主要来自销售及交付近期已发展项目的住宅物业，即 位于河南省的息县康桥学苑及湖南省的武冈康桥学苑(扣除折扣及与销售相关的税项)。 公司拥有人应占亏损由减少主要由于投资物业的公平值变动净额所产生亏损、销售开支及行政开支减 少，惟部分被毛利下跌所抵销。 ...

Core Insights - The company reported a revenue of RMB 127.3 million for the six months ending June 30, 2025, representing a 14.9% increase from RMB 110.8 million in the same period last year [1] - The loss attributable to equity shareholders decreased to RMB 2.8 million, a 63.7% reduction compared to a loss of RMB 7.7 million in the previous year [1] - The gross profit margin improved to 40.5%, up by 4.0 percentage points from 36.5% in the same period last year [1] - The basic loss per share was RMB 0.01, an improvement from RMB 0.03 in the same period last year, reflecting a reduction in loss of RMB 0.02 per share [1]

Core Viewpoint - The company reported a decline in total revenue for the first half of 2025, with a focus on the challenges faced in property development and overall profitability [1] Financial Performance - Total revenue amounted to RMB 8.1238 billion, representing a year-on-year decrease of 5.8% [1] - Revenue from property development was RMB 5.4808 billion, down 8.3% year-on-year, while the average settlement price increased by 33% to approximately RMB 30,614 per square meter [1] - Profit attributable to the company’s owners was RMB 104.7 million, a decline of 26.6% year-on-year [1] - After excluding losses from investment property fair value and exchange rate losses totaling approximately RMB 139.5 million, the core net profit attributable to owners (non-HKFRS) was approximately RMB 244.2 million, reflecting a year-on-year increase of 25.1% [1] Financing Strategy - The company maintained good relationships with banks and actively expanded financing channels while optimizing its financing structure [1] - The average financing cost for the period was approximately 3.59%, which is considered low within the industry [1]

Core Insights - Shougang Resources (00639) reported a mid-year performance for 2025 with revenue of approximately HKD 2.101 billion, a year-on-year decrease of 17% [1] - Gross profit fell to HKD 642 million, representing a significant decline of 55% compared to the previous year [1] - Profit attributable to shareholders was HKD 404 million, down 52% year-on-year, with basic earnings per share at HKD 0.0794 and an interim dividend of HKD 0.06 per ordinary share [1] Revenue Analysis - The decrease in revenue was primarily attributed to a substantial drop of 45% in the average selling price of premium coking coal, which offset a 16% increase in sales volume and the positive impact of expanding coal trading operations [1] Profitability Factors - The significant reduction in profit was mainly due to the 55% decline in gross profit, amounting to approximately HKD 791 million [1] - Additionally, the decrease in the proportion of fire transportation sales, along with effective cost measures, led to a reduction in sales and distribution expenses by approximately HKD 34 million year-on-year [1] - Foreign exchange gains increased by approximately HKD 31 million year-on-year, while the provision for withholding tax on dividends decreased by about HKD 26 million due to a decline in profits from a major subsidiary established in China [1]

Core Viewpoint - Shougang Resources (00639) reported a significant decline in its mid-year performance for 2025, with revenues dropping by 17% year-on-year, primarily due to a sharp decrease in the average selling price of premium coking coal [1] Financial Performance - Revenue for the period was approximately HKD 2.101 billion, a decrease of 17% compared to the previous year [1] - Gross profit fell to HKD 642 million, representing a 55% year-on-year decline [1] - Profit attributable to shareholders was HKD 404 million, down 52% year-on-year [1] - Basic earnings per share were HKD 0.0794, with an interim dividend of HKD 0.06 per ordinary share [1] Operational Insights - The decrease in revenue was mainly attributed to a 45% year-on-year drop in the average selling price of premium coking coal, which offset a 16% increase in sales volume and the positive impact of expanding coal trading operations [1] - The significant reduction in gross profit was approximately HKD 791 million year-on-year [1] - Sales and distribution expenses decreased by about HKD 34 million due to a lower proportion of fire transportation sales and effective cost measures [1] - Foreign exchange gains increased by approximately HKD 31 million year-on-year, while the provision for withholding tax on dividends decreased by about HKD 26 million due to a decline in profits from a major subsidiary established in China [1]

Core Viewpoint - The company reported a decline in revenue but an increase in net profit for the interim period ending June 30, 2025 [1] Financial Performance - The company achieved revenue of 161 million, representing a year-on-year decrease of 11.56% [1] - Net profit reached 75.149 million, showing a year-on-year increase of 41.57% [1] - Basic earnings per share were reported at 0.074 yuan [1] Revenue Breakdown - The decrease in revenue was primarily attributed to declines in retail services, extracurricular training services, information technology services, and supporting lifestyle services [1] - The decline in these areas was partially offset by an increase in property management service revenue [1]

Core Insights - CWT International (00521) reported a mid-year performance for 2025, with revenue of HKD 21.765 billion, representing a year-on-year increase of 7.34% [1] - Shareholders' profit attributable to the company reached HKD 282 million, marking a significant year-on-year increase of 133.61% [1] - Basic earnings per share were reported at HKD 0.0248 [1] Revenue Performance - The increase in revenue is attributed to the strong performance of mineral products, driven by favorable premium differentials and improved profit margins in the commodity trading segment [1] - The logistics services segment benefited from tax credits recognized in the first half of 2025 [1]

Core Viewpoint - The company reported a revenue of HKD 421 million for the six months ending June 30, 2025, representing a year-on-year increase of 2.73% [1] - The loss attributable to equity holders decreased to HKD 38.668 million, a reduction of 91.15% compared to the previous year [1] - The decrease in loss is primarily attributed to the termination of the consolidation of HKC Group after January 2025 and a reduction in the net fair value loss of financial instruments measured at fair value through profit or loss during the period [1] Financial Performance - Revenue for the period was HKD 421 million, showing a 2.73% increase year-on-year [1] - Loss attributable to equity holders was HKD 38.668 million, down 91.15% from the previous year [1] - Earnings per share reported a loss of HKD 0.078 [1]

Core Viewpoint - The company reported a decline in revenue and a significant loss for the first half of 2025, primarily due to weak domestic consumer demand and tariff impacts on its footwear business [1] Financial Performance - Revenue for the first half of 2025 was 640 million RMB, representing a year-on-year decrease of 11.2% [1] - The company recorded a loss attributable to shareholders of 142 million RMB, compared to a profit of 52.41 million RMB in the same period last year [1] - Basic loss per share was 6.84 cents [1] Business Segments - The decline in revenue was mainly driven by a reduction in the footwear business [1] - Retail and wholesale business revenue decreased by 46 million RMB compared to the same period last year due to weak domestic consumption [1] - Contract manufacturing revenue also fell by 43.4 million RMB year-on-year [1]