CWT International Limited has announced its unaudited consolidated interim results for the six months ended June 30, 2025. The company's total comprehensive income for the period amounted to HK$558.8 million, a significant increase from HK$50.5 million in the same period in 2024. The logistics services segment experienced a 2% decline in revenue, decreasing from HK$2,587.5 million to HK$2,530.2 million. This decrease was primarily attributed to the expiry and return of certain leased warehouses and reduced activities in warehousing and integrated logistics, along with challenging market conditions affecting freight logistics. Net gain on disposal of subsidiaries, associates, and joint ventures was reported at HK$1.8 million, compared to HK$12,000 in the previous year. Additionally, a net foreign exchange gain of HK$19.0 million was realized, contrasting with a loss of HK$13.3 million in the same period last year. The company continues to focus on operational excellence, cost control, and targeted expansion, expressing confidence in sustaining growth and strong performance as commodity markets stabilize.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CWT International Ltd. published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.
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