SY HOLDINGS (06069) announced its interim results for the six months ended June 30, 2025, reporting main business revenue and income of RMB 405 million, down 7.1% year-on-year. Profit attributable to shareholders reached RMB 200 million, representing a 28.66% increase compared to the same period last year. Basic earnings per share stood at 20 cents.
According to the announcement, the total revenue and income from main businesses primarily originated from the mainland China market. During the six months ended June 30, 2025, this revenue declined slightly by 7.1% compared to the previous year.
The primary reason for this decline was the group's continued implementation of its asset-light strategy and strengthening of technology platform capabilities, guiding more small and medium-sized enterprise clients' supply chain funding turnover needs to be satisfied through external funding partners connected via the platform. Consequently, revenue from digital financial solutions and gains recognized from supply chain asset refinancing continued to decrease, but this impact was partially offset by significant growth in platform technology service income driven by the platformization strategy.