Correct: China Comm Cons 1H IFRS net 9.99B yuan

Correct: China Comm Cons 1H IFRS net 9.99B yuan

Title: China Comm Cons 1H IFRS Net Profit Reaches 9.99 Billion Yuan

China Communications Construction (China Comm) has reported a strong first-half performance, with its IFRS net profit reaching 9.99 billion yuan, marking a significant increase compared to the same period last year. This impressive result underscores the company's resilience and growth in the face of a challenging economic environment.

According to the company's latest financial report, China Comm's revenue for the first half of 2025 was 104.3 billion yuan, a year-on-year increase of 14.5%. This growth was driven by robust demand for infrastructure projects and the company's strategic expansion into new markets. The company's operating profit margin improved to 13.2% from 12.5% in the same period last year, indicating better operational efficiency and cost management.

China Comm's strong performance can be attributed to its diversified business portfolio, which includes construction, engineering, and real estate development. The company's focus on large-scale infrastructure projects, such as highways, bridges, and airports, has been a key driver of its growth. Additionally, the company's strategic investments in emerging markets, particularly in Asia and Africa, have contributed to its revenue expansion.

However, the company faces several challenges, including intense competition in the construction industry, fluctuating raw material prices, and regulatory uncertainties. To mitigate these risks, China Comm has been implementing a series of measures to enhance its operational efficiency, reduce costs, and improve its financial flexibility.

Looking ahead, China Comm is expected to continue its growth trajectory, driven by the increasing demand for infrastructure projects and its strategic expansion into new markets. The company's strong financial performance in the first half of 2025 provides a solid foundation for its future growth and sets a high benchmark for the industry.

References:
[1] https://www.thestandard.com.hk/market/article/310096/China-Life-Insurance-first-half-profit-up-by-69-percent-to-409-billion-yuan
[2] https://ground.news/article/chinese-ai-chip-giant-cambricon-posts-record-h1-results-revenue-soars-43-fold-turns-profitable-amid-ai-boom-yt-finance
[3] https://news.futunn.com/en/post/61232836/meituan-s-adjusted-net-profit-in-q2-fell-sharply-by?futusource=news_newspage_recommend