CHINA WOOD INT (01822) Reports Interim Results with Shareholders' Loss of HK$929,000, Down 60.65% Year-on-Year
Stock News
Aug 29
CHINA WOOD INT (01822) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$144 million, representing a decrease of 15.56% compared to the same period last year. The loss attributable to owners of the company was HK$929,000, down 60.65% year-on-year. Basic loss per share stood at HK$0.13 cents.
According to the announcement, the revenue decline was primarily attributed to the decrease in turnover from timber-related business, which fell from approximately HK$170 million for the six months ended June 30, 2024, to approximately HK$133 million during the reporting period.
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