Hebei Construction Group revenue falls 28% amid construction slowdown

Hebei Construction Group Corporation Limited reported revenue of RMB7,908 million for the first half of 2025, down 28% from RMB11,015 million in the previous year. Net profit fell 21% to RMB95 million.

The decline was driven by a RMB3,174 million drop in construction contracting business revenue. New contract value plunged 42% to RMB8,039 million from RMB13,960 million.

Credit impairment losses increased by RMB15 million to RMB92 million. No interim dividend was proposed.