Yuanda China Holdings' H1 profit soars on overseas growth, exchange gains

Yuanda China Holdings Limited reported a substantial increase in profit attributable to equity shareholders, reaching RMB184.1 million for the six months ended June 30, 2025, up from RMB6.0 million in the corresponding period of 2024. This growth was primarily attributed to the successful internationalization strategy, with overseas market orders contributing significantly to revenue, and increased exchange gains. Total revenue for the period rose by 16.4% to RMB1,266.3 million, despite a 24.5% decrease in domestic market revenue to RMB404.0 million due to slower progress in domestic construction projects.

Overseas market revenue surged by 56.0% to RMB862.3 million, constituting 68.1% of the total revenue, mainly from the Middle East and Europe. The Group's adjusted gross profit margin improved to 23.3% from 18.5% in 2024, reflecting higher gross profit contributions from key overseas regions. Newly awarded projects also saw a significant increase, rising by 97.3% to RMB2,422.0 million.

A special dividend of HK$0.04 per share, totaling HK$248,349,000, was declared for the period. The Board does not recommend an interim dividend for the six months ended June 30, 2025. The company maintains an adequate public float and continues to monitor ongoing legal claims.