China State Construction H1 revenue falls 22%

China State Construction International Holdings

25/08/2026 13:52

Overview
Hong Kong construction firm's H1 revenue fell 22.5% yr/yr amid industry headwinds
Net income attributable to owners dropped 18% yr/yr
Company declared interim dividend of HK33 cents per share, down from HK34 cents last year

Outlook
Company did not provide specific financial guidance for the current or future periods

Result Drivers
INDUSTRY HEADWINDS - Co said the construction industry faced notable headwinds amid a challenging external landscape, contributing to revenue and profit declines
PROJECT WINS IN HONG KONG AND MACAU - Co highlighted securing large-scale projects and maintaining a leading position in Hong Kong and Macau
MiC BUSINESS GROWTH - Co said its Modular Integrated Construction (MiC) business is expanding, with breakthroughs in innovation and growing market recognition

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 43.88 bln
 
H1 Net Income Attributable
 
RMB 4.33 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction & engineering peer group is "buy"
Wall Street's median 12-month price target for China State Construction International Holdings Ltd is HK$12.00, about 41.8% above its August 25 closing price of HK$8.46
The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 5 three months ago

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Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-25/91d2a925-0cf8-4db9-9bea-8abe4fdfb48c.file
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)