Zhongsheng Group Books 36% Lower H1 Profit

MT Newswires Live

08/28

Zhongsheng Group (HKG:0881) reported 1.01 billion yuan in attributable profit for the first half of 2025, down 36% from 1.58 billion yuan a year earlier, according to a Hong Kong bourse filing Thursday.

Earnings per share shrank to 0.427 yuan from 0.662 yuan in the prior year. Analysts at Visible Alpha expected 0.82 yuan.

Revenue decreased 6.2% year-on-year to 77.32 billion yuan, figures showed. Analysts at Visible Alpha expected 78.87 billion yuan.

Shares of the automobile distributor fell 1.9% in midday trade Thursday.

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