Jinchengxing Holdings turns losses into profits in the second half of the year and will pay an annual dividend of 0.75 cents per share

The board of directors recommends paying an annual dividend of 0.75 cents per share, up from 0.50 cents a year ago. Adding an interim dividend of 0.50 cents, the dividend for fiscal 2025 is therefore 1.25 cents, higher than 1 cent per share a year ago.

Zhu Zhian, chairman and managing director of Jinchengxing Holdings, said that with the support of orders of more than 230 million yuan, the group's core construction business achieved a positive gross profit margin in fiscal 2025. The Group is expected to continue to benefit from good industry prospects.

Jinchengxing Holdings' share price rose 2.17% on Thursday, closing at 0.235 yuan.

Business Outlook, Zhu Zhian said: "Unless unforeseeable circumstances occur, we remain cautiously optimistic in the context of global uncertainties. Concerns about the US's full imposition of tariffs and the ongoing Sino-US trade war may have a significant impact on global trade and global economic growth. With a strong balance sheet and low debt ratio, we are committed to addressing these macroeconomic challenges through rigorous cost management and strategic investments, thereby increasing shareholder value."

Jinchengxing Holdings' performance after the market closed on Thursday (May 29) showed that the group's annual net loss shrank by 81% to 5.9 million yuan, while revenue fell by 14.6% to 182.8 million yuan, mainly due to the decline in revenue of the construction business.

Construction and real estate developer KSH Holdings Group turned losses into profits in the second half of the year, achieving a net profit of 500,000 yuan, while it lost 18.4 million yuan a year ago in the same period. The group's revenue doubled to about 130 million yuan in the second half of the year.