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Update: CSCD Warns of Lower H1 Profit

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(Updates the name of the company in the headline and first paragraph)

China State Construction Development (HKG:0830), or CSCD, expects an attributable profit of around HK$133 million for the first half of 2026, down from HK$386 million a year prior.

The facade and curtain wall engineering company attributed the forecast to a lower project volume and revenue, failure of the settlement revenue from certain projects to meet targets, and higher cost of sales, according to a Tuesday Hong Kong bourse filing.

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