Group 1 - The company, 澳能建设 (01183), reported a revenue of 803 million Macanese Patacas for the six months ending June 30, 2025, representing a year-on-year increase of 7.64% [1] - The profit attributable to shareholders was 15.867 million Macanese Patacas, which is a significant year-on-year increase of 128.34% [1] - The basic earnings per share were reported at 0.4 Macanese cents [1]

面对机遇、挑战并存的经营环境，公司坚持以人民为中心的价值取向，坚定信心、保持定力，充分发挥 作为直接融资"服务商"、资本市场"看门人"、社会财富"管理者"的功能性，主动把握市场机遇，稳中求 进，稳步推进一流投行建设，不断完善业务布局，进一步强化数据支撑和科技赋能，严守风控合规底 线，公司发展态势稳健向上，市场形象和认可度进一步提升。 格隆汇8月28日丨中国银河(06881.HK)公告，截至2025年6月30日止6个月中期业绩，截至报告期末，集 团总资产人民币7,817.40亿元，归属于公司股东权益人民币1,441.35亿元；报告期内，集团实现收入、收 益及其他收入人民币187.98亿元，同比增长18.92%，归属公司股东的净利润人民币64.88亿元，同比增 长47.86%；加权平均净资产收益率5.16%，同比增加1.53个百分点。 ...

Core Viewpoint - Changan Minsheng Logistics (01292) reported a slight decrease in revenue but a significant increase in net profit for the six months ending June 30, 2025 [1] Financial Performance - The company achieved a revenue of 4.164 billion RMB, a year-on-year decrease of 0.03% [1] - Net profit attributable to shareholders was 41.48 million RMB, reflecting a year-on-year increase of 41.76% [1] - Basic earnings per share were 0.23 RMB [1] - A mid-term cash dividend of 0.05 RMB per share (tax included) is proposed [1] Revenue Breakdown - Revenue from complete vehicle transportation, commodity sales, and automotive raw materials and parts supply chain management were 2.19 billion RMB, 485 million RMB, and 1.488 billion RMB, respectively [1] - These segments accounted for approximately 52.59%, 11.66%, and 35.75% of total revenue, compared to 46.19%, 20.66%, and 33.15% for the same period ending June 30, 2024 [1]

Core Viewpoint - Zhujiang Shipping (00560) reported a significant decline in its mid-term performance for 2025, with a notable drop in both revenue and profit attributable to shareholders, reflecting the challenging external market conditions and industry changes [1] Financial Performance - The company recorded a revenue of HKD 1.315 billion, representing a year-on-year decrease of 5.3% [1] - Profit attributable to shareholders was HKD 26.662 million, down 60.3% compared to the previous year [1] - Basic earnings per share stood at HKD 0.0238 [1] Industry Context - The global trade environment has been adversely affected by escalating trade tensions, geopolitical conflicts, and increased economic uncertainty, complicating the recovery of global trade activities [1] - The shipping industry in Hong Kong is experiencing a downturn, with container handling volumes at multi-year lows [1] - The ongoing slump in the real estate market in mainland China has negatively impacted the sand and bulk cargo market [1] - The opening of the Shenzhen-Zhongshan Bridge last year has improved transportation connectivity in the Guangdong-Hong Kong-Macao Greater Bay Area, leading to a diversion effect on cross-border passenger flow [1] - Changes in external market conditions and industry transformations have significantly impacted the company's freight logistics and waterborne cross-border passenger services [1]

Core Viewpoint - Minxin Group (00222) reported a significant increase in net profit for the first half of 2025, primarily driven by foreign exchange gains due to the appreciation of the Renminbi against the Hong Kong dollar and the absence of one-time exchange losses that occurred in the previous year [1] Financial Performance - The company achieved a revenue of HKD 124 million, representing a year-on-year increase of 1.98% [1] - Net profit reached HKD 64.868 million, marking a substantial year-on-year increase of 94.85% [1] - Basic earnings per share were reported at HKD 0.1086 [1] Exchange Rate Impact - The increase in net profit was significantly influenced by foreign exchange gains resulting from the appreciation of the Renminbi against the Hong Kong dollar during the reporting period [1] - In the same period of the previous year, the company faced a one-time exchange loss of approximately HKD 21.93 million due to a reduction in paid-in capital at Sanming Sanyuan Minxin Microfinance Co., Ltd. [1] - For the six months ending June 30, 2025, the company did not recognize any one-time exchange losses related to the reduction in paid-in capital [1]

Group 1 - The company, Hongji Group (02535), reported a revenue of HKD 166 million for the six months ending June 30, 2025, representing a year-on-year decrease of 3.6% [1] - The profit attributable to shareholders was HKD 10.832 million, which is a year-on-year decline of 19.18% [1] - Earnings per share stood at HKD 0.54 cents [1]

Core Insights - The company reported a total revenue of 477 million yuan for the first half of 2025, representing a year-on-year decline of 4.3% [1] - The net profit attributable to the owners of the parent company was 48.6 million yuan, a significant improvement from a loss of 42.2 million yuan in the same period last year [1] - Basic earnings per share stood at 0.05 yuan [1] Revenue Analysis - The decline in revenue was primarily attributed to decreased sales in welding wire products and railway sleeper products [1]

Core Viewpoint - The company reported a significant decline in revenue and a shift from profit to loss in its interim results for the six months ending June 30, 2025 [1] Financial Performance - Revenue for the period was HKD 6.471 billion, representing a year-on-year decrease of 53.14% [1] - The company recorded a loss attributable to shareholders of HKD 1.732 billion, compared to a profit of HKD 1.073 billion in the same period last year, indicating a shift from profit to loss [1] - Basic loss per share was HKD 0.457 [1] Property Development - The company delivered a total gross floor area of 125,754 square meters in the first half of 2025, a significant decrease from 438,051 square meters in the first half of 2024 [1]

消息面上，8月27日，FORTIOR公布2025年中期业绩，收入约为3.75亿元，同比上升32.8%。毛利约1.95 亿元，同比上升31.1%。净利1.165亿元，同比下降4.5%；基本每股盈利1.26元。 FORTIOR(01304)绩后跌超5%，截至发稿，跌4.64%，报164.4港元，成交额4393.38万港元。 公告称，净利减少主要由于2024年11月公司实施2024年限制性股票激励计划，报告期内计提的以股份为 基础的付款同比增加约3200万元，剔除该因素影响，集团溢利为同比增长18.7%。 ...

Group 1 - The company reported a revenue of RMB 36.039 million for the six months ending June 30, 2025, representing a year-on-year increase of 4.82% [1] - The loss attributable to shareholders narrowed to RMB 4.803 million, a decrease of 44.57% compared to the previous year [1] - The basic loss per share was recorded at 0.51 cents [1]