Core Viewpoint - North Control City Resources (03718.HK) reported a revenue of approximately RMB 3.0393 billion for the six months ending June 30, 2025, representing a year-on-year increase of about 13.1%. However, the company's attributable profit decreased by approximately 74.7% to around RMB 32.5 million, primarily due to a non-cash impairment loss provision of RMB 161.5 million for non-current assets [1]. Financial Performance - Revenue for the six months ending June 30, 2025, was approximately RMB 3.0393 billion, up 13.1% year-on-year [1]. - Attributable profit for the same period was around RMB 32.5 million, down 74.7% year-on-year [1]. - The decrease in profit was mainly due to a one-time non-cash impairment loss provision of RMB 161.5 million [1]. Cash Flow and Financial Health - The impairment loss provision is a one-time non-cash expense and does not impact the group's cash flow [1]. - The group's financial condition and cash flow remain stable, with normal and smooth production and operations [1]. New Projects and Dividends - During the six months ending June 30, 2025, the group secured 30 new city service projects through public bidding, with a total contract value and estimated annual revenue of approximately RMB 852.5 million and RMB 243.8 million, respectively [1]. - The company declared an interim dividend of HKD 0.018 per share [1].