Gemilang International Ltd. Reports 64% Drop in Earnings Per Share to US$28K for Six Months Ending April 2025

Reuters
06/20
Gemilang International Ltd. Reports 64% Drop in Earnings Per Share to US$28K for Six Months Ending April 2025

Gemilang International Ltd. has released its unaudited condensed consolidated interim results for the six months ended 30 April 2025. The Group reported a revenue increase to $11.698 million from $8.813 million in the same period in 2024. This growth was primarily driven by the sales of bus bodies and kits, which accounted for $9.875 million of the total revenue. The Group's gross profit for the period was $2.475 million, up from $2.316 million in the previous year. However, the net profit for the period attributable to owners of the Company was significantly lower at $28,000, compared to $736,000 for the same period last year. The report also highlighted segment profits, with the sales of parts and provision of relevant services contributing $476,000 and the rental of motor vehicles adding $8,000 to the segment profit. Reportable segment profit totaled $845,000. General and administrative expenses increased to $1.714 million from $1.531 million, while finance costs amounted to $257,000. The profit before income tax stood at $152,000, a decrease from the previous period. The company did not provide specific outlook or guidance in this release.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gemilang International Ltd. published the original content used to generate this news brief on June 20, 2025, and is solely responsible for the information contained therein.

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