Chanhigh Holdings Ltd. Reports 30.4% Decline in Revenue and Higher Net Profit Margin for H1 2025
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Chanhigh Holdings Ltd. reported a 30.4% decline in revenue for H1 2025, totaling RMB764.5 million, primarily due to lower contributions from municipal and building works. However, the gross profit margin improved to 7.8%, and net profit margin increased to 2.0%. Cash and cash equivalents decreased to RMB192.1 million, while total assets were RMB2,118.5 million against total liabilities of RMB1,098.5 million. The company aims to focus on high-quality development in infrastructure, particularly in water conservancy and transportation.
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