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China Motor Bus Co. Ltd. ( (HK:0026) ) has issued an update.
China Motor Bus Co. Ltd. reported a decrease in operating profit to HK$77 million for the year ending June 2025, primarily due to reduced rental income following the disposal of an investment property. Despite this, the company’s financial position remains healthy, with a narrowed consolidated loss after taxation and a significant increase in total dividends to HK$7.10 per share. The company is actively involved in property development projects, with The Headland Residences progressing as planned and pre-sales already commenced for some units. Additionally, South Island Place boasts a high occupancy rate, with 93% of its office space leased to quality tenants.
More about China Motor Bus Co. Ltd.
China Motor Bus Co. Ltd. operates in the property development and investment industry, focusing on residential and commercial real estate projects. The company is engaged in joint ventures for significant real estate developments, including The Headland Residences and South Island Place, in collaboration with Swire Properties Limited.
Average Trading Volume: 5,691
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.71B
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