SEHK:2302Trade Distributors
CNNC International (SEHK:2302) Margin Decline To 7.7% Tests Bullish Valuation Narratives
CNNC International (SEHK:2302) has just posted its FY 2025 first half numbers, with revenue of HK$592.1 million and basic EPS of HK$0.02, setting the tone against a current share price of HK$5.61. Over the past year, the business has seen revenue move from HK$6.4 million in 1H 2024 to HK$1,834.9 million in 2H 2024 and then HK$592.1 million in 1H 2025, while EPS shifted from a loss of HK$0.02 in 1H 2024 to HK$0.41 in 2H 2024 and HK$0.02 in the latest period. This puts the focus firmly on how...