China Oriental Group Co ( (CUGCF) ) has released its Q2 earnings. Here is a breakdown of the information China Oriental Group Co presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
China Oriental Group Co. is a Bermuda-incorporated company primarily engaged in the manufacturing and sales of iron and steel products, trading of related raw materials, and real estate development, with major operations in China and Australia.
In its latest earnings report for the first half of 2025, China Oriental Group Co. reported a significant increase in net profit despite a decline in revenue. The company’s revenue decreased by 12% year-on-year to RMB 19.9 billion, while net profit nearly doubled to RMB 243 million. This improvement in profitability was driven by a decline in raw material prices and the company’s focus on cost reduction and efficiency improvements.
Key financial highlights include a 6.5% increase in sales volume of self-manufactured steel products and a 45.9% increase in gross profit from these products. The company’s EBITDA rose by 30.6% to RMB 1,065 million, and the basic earnings per share increased from RMB 0.03 to RMB 0.05. Despite a challenging market environment, the company maintained a strong focus on lean management and green initiatives.
Looking forward, China Oriental Group Co. remains committed to innovation-driven development and green transformation. The company aims to navigate macroeconomic fluctuations and industry adjustments by enhancing its core competitiveness and pursuing high-quality development strategies.