China State Construction Development expects H1 profit to fall to about HK$133 million from HK$386 million

• China State Construction Development flagged a sharp profit drop, projecting first-half 2026 profit attributable to owners of about HK$133 million.
• That compares with about HK$386 million a year earlier.
• Lower new-project volume weighed on revenue as property developers stayed cautious, leaving activity below prior-year levels.
• Settlement revenue from some projects missed targets, while higher raw material costs, RMB appreciation lifted cost of sales and squeezed gross profit.
• Interim results are expected before end-August 2026, with management citing signs of a Hong Kong property market recovery since 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China State Construction Development Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260804-12270832), on August 04, 2026, and is solely responsible for the information contained therein.