Central New Energy Holding Group (1735) H2 2025 earnings summary

Executive summary

• Revenue surged 82.6% year-over-year to HK$11,016.8 million, driven by new energy and health and wellness segments.

• Net profit increased to HK$60.7 million from HK$54.1 million, despite a drop in profit attributable to owners to HK$34.2 million.

• Strategic shift underway, prioritizing renewable energy and scaling down green construction over 5–10 years.

Financial highlights

• Gross profit rose 64.8% to HK$210.5 million, but gross margin declined to 1.9% from 2.1%.

• EBITDA increased to HK$321.7 million from HK$239.9 million year-over-year.

• Basic and diluted EPS dropped to HK cents 0.81 from 2.52.

• No final dividend declared for the year.

Outlook and guidance

• Focus on expanding high-efficiency PV battery and component production, with phase III construction targeted for completion by end-2026.

• Entered framework agreements for new energy, decarbonization, and sustainable aviation fuel projects.

• Committed to strengthening supply chain resilience and accelerating energy independence.