Teamway International Reports 60% Revenue Drop to RMB 56.7M, Gross Profit Rises Amid Lower Sales Expenses

Reuters

2025/08/29

Teamway International Reports 60% Revenue Drop to RMB 56.7M, Gross Profit Rises Amid Lower Sales Expenses

Teamway International Group Holdings Ltd. announced its unaudited interim financial results for the six months ending 30 June 2025. The Group reported a significant decline in revenue, which fell to RMB 56.667 million from RMB 142.483 million in the same period in 2024. The cost of sales also decreased slightly to RMB 55.909 million from RMB 146.380 million in the previous year, leading to a gross profit of RMB 0.758 million compared to a gross loss of RMB 3.897 million in 2024. The Group's selling and distribution expenses were reduced to RMB 6.716 million from RMB 15.813 million, and administrative expenses decreased to RMB 12.787 million from RMB 20.660 million in the previous year. The net liabilities increased to RMB 315.051 million from RMB 306.194 million. No outlook or guidance for future financial performance was included in the announcement. Teamway International Group Holdings Ltd. is incorporated in the Cayman Islands with its shares listed on The Stock Exchange of Hong Kong Limited.

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. Teamway International Group Holdings Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.

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The Group reported a significant decline in revenue, which fell to RMB 56.667 million from RMB 142.483 million in the same period in 2024. The cost of sales also decreased slightly to RMB 55.909 million from RMB 146.380 million in the previous year, leading to a gross profit of RMB 0.758 million compared to a gross loss of RMB 3.897 million in 2024. The Group's selling and distribution expenses were reduced to RMB 6.716 million from RMB 15.813 million, and administrative expenses decreased to RMB 12.787 million from RMB 20.660 million in the previous year. The net liabilities increased to RMB 315.051 million from RMB 306.194 million. No outlook or guidance for future financial performance was included in the announcement. Teamway International Group Holdings Ltd. is incorporated in the Cayman Islands with its shares listed on The Stock Exchange of Hong Kong Limited.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Teamway International Group Holdings Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01239","symbol_name":"TEAMWAY INTL GP","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250829:nNDL53M02c:1","article_id":"2563025697","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2563025697","pubTimestamp":1756472097,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Teamway International Group Holdings Ltd. announced its unaudited interim financial results for the six months ending 30 June 2025. The Group reported a significant decline in revenue, which fell to RMB 56.667 million from RMB 142.483 million in the same period in 2024. The cost of sales also decreased slightly to RMB 55.909 million from RMB 146.380 million in the previous year, leading to a gross profit of RMB 0.758 million compared to a gross loss of RMB 3.897 million in 2024. The Group's selling and distribution expenses were reduced to RMB 6.716 million from RMB 15.813 million, and administrative expenses decreased to RMB 12.787 million from RMB 20.660 million in the previous year. The net liabilities increased to RMB 315.051 million from RMB 306.194 million. No outlook or guidance for future financial performance was included in the announcement. 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The cost of sales also decreased slightly to RMB 55.909 million from RMB 146.380 million in the previous year, leading to a gross profit of RMB 0.758 million compared to a gross loss of RMB 3.897 million in 2024. The Group's selling and distribution expenses were reduced to RMB 6.716 million from RMB 15.813 million, and administrative expenses decreased to RMB 12.787 million from RMB 20.660 million in the previous year. The net liabilities increased to RMB 315.051 million from RMB 306.194 million. No outlook or guidance for future financial performance was included in the announcement. Teamway International Group Holdings Ltd. is incorporated in the Cayman Islands with its shares listed on The Stock Exchange of Hong Kong Limited.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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