NEW GONOW RV (00805) Reports Interim Results: Profit Attributable to Equity Shareholders Drops 22.34% to HK$30.7 Million

Stock News
2025/08/31

NEW GONOW RV (00805) announced its interim results for 2025, reporting revenue of approximately HK$412 million, representing a 2.4% year-on-year decline. Gross profit totaled approximately HK$122 million, down 9.9% compared to the same period last year. Profit attributable to equity shareholders reached HK$30.7 million, declining 22.34% year-on-year. Earnings per share stood at HK$0.03.

The company attributed the revenue decrease primarily to reduced recreational vehicle sales. As of June 30, 2025, the Group operated 50 RV models spanning nine different series across three distinctive brands: Snowy River (the best-selling mid-range brand), Regent (luxury brand), and NEWGEN (semi-off-road brand).

During the first half of 2025, total RV deliveries reached 1,367 units, representing a 4.2% decrease from 1,427 units delivered in the corresponding period of 2024. As of June 30, 2025, the outstanding orders for Snowy River, Regent, and NEWGEN stood at 1,535 units, 17 units, and 61 units respectively, with contract values of AUD 88,498,765.3, AUD 1,108,581.2, and AUD 3,428,319.7 respectively.

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