Road King Infrastructure Limited Reports 2025 Interim Loss of RMB 1,590 Million, Property Sales Decline to RMB 5,232 Million, and Revenue Falls to HK$ 4,702 Million

Reuters
Sep 09
<a href="https://laohu8.com/S/RKGXF">Road King Infrastructure</a> Limited Reports 2025 Interim Loss of RMB 1,590 Million, Property Sales Decline to RMB 5,232 Million, and Revenue Falls to HK$ 4,702 Million

Road King Infrastructure Limited has released its financial results for the first half of 2025, showing a notable decline in property sales and revenue. The property sales in Mainland China projects fell to RMB 3,771 million from RMB 5,523 million in 2024 and RMB 15,268 million in 2023. Hong Kong projects also saw a decrease, with sales dropping to RMB 1,461 million from RMB 1,781 million in 2024 and RMB 419 million in 2023. The group's revenue, including its share of joint ventures and associates, decreased significantly to HK$ 4,702 million from HK$ 11,141 million in 2024 and HK$ 14,869 million in 2023. Toll revenue from expressway projects in Indonesia also decreased to HK$ 878 million from HK$ 919 million in 2024 and HK$ 790 million in 2023. The loss for the period was reported at HK$ 1,590 million, compared to a loss of HK$ 394 million in 2024 and HK$ 881 million in 2023. The loss attributable to owners of the company amounted to HK$ 2,034 million, rising from HK$ 1,027 million in 2024 and HK$ 1,220 million in 2023. In terms of business operations, the group remains cautious about the property market outlook in Mainland China. It plans to ensure operational stability and timely property delivery while strictly managing cash flow. The group is also exploring solutions for offshore debt and aims to engage creditors to safeguard the interests of all stakeholders. The company seeks a constructive approach to reach a consensus on a holistic solution.

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