Shandong Hi-Speed Holdings Reports 12% Drop in H1 2025 Revenue, Posts Fair Value Gain on Financial Assets

Reuters
08/29
<a href="https://laohu8.com/S/600350">Shandong Hi-Speed</a> Holdings Reports 12% Drop in H1 2025 Revenue, Posts Fair Value Gain on Financial Assets

Shandong Hi-Speed Holdings Group Limited released its unaudited interim results for the six months ended 30 June 2025. The Group reported a revenue of RMB 2.503 billion, a decrease from the RMB 2.832 billion recorded during the same period in 2024. The cost of sales and services fell to RMB 1.298 billion from RMB 1.391 billion, resulting in a gross profit of RMB 1.205 billion, down from RMB 1.441 billion in the previous year. The Group achieved a net fair value gain on financial assets at fair value through profit or loss of RMB 538.8 million, compared to a loss of RMB 12.3 million in the prior period. Earnings per share stood at RMB 0.82 cents. There were no interim dividends declared for the current period, in line with the previous year. The Group reported significant additions to property, plant, and equipment, totaling RMB 474.2 million, compared to RMB 136.4 million in the same period last year.

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. Shandong Hi-Speed Holdings Group Limited 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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