City Land Hong Kong: Expected semi-annual net profit for 2025 is between 28 million and 42 million.

Chengdi Keung Kong announced that the estimated net profit attributable to the owners of the parent company for the first half of 2025 is expected to be between 28 million and 42 million yuan, compared to a loss of 69.28 million yuan in the same period last year, achieving a turnaround from loss to profit; the estimated net profit attributable to the owners of the parent company for the first half of 2025, excluding non-recurring gains and losses, is expected to be between 27.6 million and 41.4 million yuan. In 2024, with the growth in demand from downstream customers, the demand for upstream internet data center computing power infrastructure also increased simultaneously. The company also had more orders on hand compared to previous years. With the gradual delivery of orders, the corresponding profits are also gradually released.