Zhongshi Minan Holdings Reports 13% Drop in Revenue for H1 2025
Zhongshi Minan Holdings Ltd. has released its unaudited condensed consolidated financial results for the six months ended June 30, 2025. The company reported a revenue of S$8.207 million, compared to S$9.433 million for the same period in 2024, marking a decrease. Other income and gains saw a significant increase, rising to S$416,000 from S$107,000 in the previous year. The cost of materials was reported at S$4.628 million, slightly down from S$4.983 million in 2024. Marketing and advertising expenses remained steady at S$57,000 for both periods. The results provide insight into the company's performance during the first half of 2025.
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