CIL Group posts stable revenue, but profit attributable to owners dips 28.7%

CIL Group announced its interim results for the six months ended June 30, 2025, with revenue increasing slightly by 0.5% to approximately HK$157,939,000. Gross profit also saw a modest rise of 2.6% to HK$38,406,000, with the gross profit margin expanding to 24.3%. Profit for the period increased by 3.6% to HK$3,514,000.

However, profit attributable to owners of the company decreased by 28.7% to HK$2,473,000. Earnings per share attributable to owners were HK0.14 cents, down from HK0.2 cents. The board did not recommend an interim dividend.

The decline in profit attributable to owners was primarily due to a HK$14,107,000 decrease in revenue from supply chain management and trading, a HK$1,615,000 fair value loss on investment properties, and a HK$3,018,000 decrease in other income, which included a one-off gain from a subsidiary disposal in the prior period. These were partially offset by a HK$12,351,000 increase in integrated logistics service revenue and reduced net finance costs of HK$2,606,000.

The group's net current liabilities stood at approximately HK$138,467,000 as of June 30, 2025, with a current ratio of 0.6 times. Total outstanding interest-bearing borrowings were HK$232,865,000, and cash and cash equivalents were HK$37,190,000. The net gearing ratio remained stable at 0.3 times.