China State Construction International reports increased profit and dividends

For the six months ended June 30, 2025, China State Construction International Holdings Limited reported a profit attributable to owners of RMB5,259m, a 5.1% increase from RMB5,006m in the same period last year. Revenue saw a slight rise of 0.1% to RMB56,643m, compared to RMB56,568m in the prior period. Basic earnings per share increased by 2.1% to RMB101.43 cents. The board has declared an interim dividend of HK$0.34 per share for 2025, up from HK$0.33 in 2024, representing a dividend payout ratio of approximately 31.1%.

The group’s financial position remains strong, with cash on hand at RMB33,197m as of June 30, 2025, accounting for 12.0% of total assets. Net gearing ratio improved to 65.2% from 73.6% at December 31, 2024. Total borrowings stood at RMB84,220m. The company issued RMB5,500m in corporate bonds during the period and maintained positive operating and investment cash flows.

Operations in Hong Kong and Macau saw Hong Kong’s revenue significantly increase by 39.6% to RMB23,237m, while Macau’s revenue declined by 61.8% to RMB1,896m due to the absence of large-scale projects. Chinese mainland revenue decreased by 8.8% to RMB29,345m, but segment result increased by 4.3% to RMB6,053m.