---
title: "CHK Oil Swings to Profit on Impairment Reversals Despite Revenue Slump"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281227952.md"
description: "CHK Oil Limited reported a revenue decline to HK$58.8 million for 2025 from HK$153.1 million in the previous year. However, the company swung to a net profit of HK$16.2 million, recovering from a HK$21.5 million loss in 2024, due to substantial impairment reversals and lower administrative expenses. Despite weaker sales, this indicates a partial recovery in its financial position. The latest analyst rating for CHK Oil (HK:0632) is a Hold with a price target of HK$0.26."
datetime: "2026-03-31T16:47:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281227952.md)
  - [en](https://longbridge.com/en/news/281227952.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281227952.md)
---

# CHK Oil Swings to Profit on Impairment Reversals Despite Revenue Slump

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CHK Oil ( (HK:0632) ) just unveiled an announcement.

CHK Oil Limited reported a sharp decline in revenue to HK$58.8 million for 2025 from HK$153.1 million a year earlier, but swung from a loss to a profit as it booked substantial reversals of previous impairments on property, plant, equipment and intangible assets. The group posted a net profit of HK$16.2 million versus a HK$21.5 million loss in 2024, with improved other income and lower administrative expenses helping offset weaker sales, resulting in positive earnings per share and signalling a partial recovery in its balance sheet and financial position despite ongoing top-line pressure.

The most recent analyst rating on (HK:0632) stock is a Hold with a HK$0.26 price target. To see the full list of analyst forecasts on CHK Oil stock, see the HK:0632 Stock Forecast page.

**More about CHK Oil**

CHK Oil Limited is a Bermuda-incorporated company listed in Hong Kong that operates in the oil-related sector. The group generates revenue from oil-linked activities and related services, and its performance is closely tied to movements in energy markets and the operational efficiency of its asset base.

**Average Trading Volume:** 32,545,170

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$343.3M

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