HORIZON CD's profit attributable to ordinary shareholders in the first three quarters decreased by more than 70% year-on-year

Zhitong
2025.10.21 10:18
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HORIZON CD announced that the profit attributable to ordinary shareholders in the third quarter of 2025 decreased by more than 70% year-on-year. The total revenue in the first three quarters saw a year-on-year decline of over 10%, mainly due to oversupply in the domestic market and falling rental prices. The company is adjusting its asset structure and reducing the scale of its domestic business while steadily expanding in overseas markets, with overseas revenue accounting for more than 15% of total revenue. The financing cost rate continues to decline, and the overall financial situation remains stable. Looking ahead to the full year, the company will maintain a prudent response to changes in the environment, striving to achieve good returns for shareholders