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The latest announcement is out from China City Infrastructure Group Limited ( (HK:2349) ).
China City Infrastructure Group Limited reported a decrease in revenue and gross profit for the first half of 2025, primarily due to a decline in their property investment business. The company recorded a net loss of approximately HK$44.3 million, an increase from the previous year’s loss of HK$36.4 million, and a fair value loss on investment properties of approximately HK$35.9 million. Despite these challenges, the company’s total assets remained relatively stable at approximately HK$1,062.4 million as of June 30, 2025.
More about China City Infrastructure Group Limited
China City Infrastructure Group Limited operates in the property investment industry, focusing on the development and management of infrastructure projects. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 1,212,547
Technical Sentiment Signal: Hold
Current Market Cap: HK$184.6M
For a thorough assessment of 2349 stock, go to TipRanks’ Stock Analysis page.