CHINA QINFA (00866) Reports Interim Results with Shareholders' Loss of RMB 126 Million, Turning from Profit to Loss Year-on-Year

Stock News
08/27

CHINA QINFA (00866) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of RMB 1.089 billion, representing a year-on-year increase of 120.79%. The loss attributable to owners of the company was RMB 126 million, compared to a profit of RMB 43.022 million in the same period last year. Loss per share was 5.08 cents.

For the first half of 2025, the net loss amounted to RMB 163 million, comprising a profit of RMB 31 million from continuing operations and a loss of RMB 194 million from discontinued operations. In comparison, the net profit for the same period in 2024 was RMB 60.8 million, which included a loss of RMB 43 million from continuing operations and a profit of RMB 104 million from discontinued operations.

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