XIN POINT HOLD (01571) announced its interim results for 2025, reporting revenue of approximately HK$1.557 billion, representing a decrease of 5.42% year-on-year. Profit attributable to shareholders of the parent company was approximately HK$242 million, down 24.97% compared to the same period last year. Basic earnings per share stood at 24.1 cents, with an interim dividend of 20 HK cents per share.

The announcement attributed the profit decline to a combination of the following factors: Due to the global automotive industry facing a volatile trade environment, particularly affected by US trade tariffs, the group's revenue in the first half of 2025 decreased by approximately 5.4% compared to the first half of 2024. XIN POINT HOLD recorded lower gross profit, declining from approximately RMB 615 million in the first half of 2024 to approximately RMB 486 million in the first half of 2025. The gross profit margin in 2025 was impacted by increased staff costs, logistics expenses, and a certain degree of decline in operational efficiency.

Other income and gains increased due to foreign exchange gains recorded in the first half of 2025. The actual tax rate in the first half of 2025 was lower than that in the first half of 2024, as no China dividend withholding tax was incurred in the first half of 2025. In the first half of 2024, a wholly-owned Chinese subsidiary of the group distributed dividends to its shareholders, resulting in the payment of RMB 20 million in dividend withholding tax, whereas no such dividend distribution was made during the same period in 2025.