Zhejiang ChangAn Renheng Reports 7.6% Revenue Increase, Swings to RMB3 Million Loss, EPS at RMB0.078 for H1 2025

Reuters
2025/08/29
Zhejiang ChangAn Renheng Reports 7.6% Revenue Increase, Swings to RMB3 Million Loss, EPS at RMB0.078 for H1 2025

Zhejiang Chang'an Renheng Technology Co., Ltd. has announced its unaudited consolidated results for the six months ended 30 June 2025. The company reported a revenue increase of 7.6%, reaching approximately RMB98.02 million, compared to RMB91.12 million in the same period of 2024. Despite the rise in revenue, gross profit decreased by 1.8% to approximately RMB36.51 million, down from RMB37.18 million in the previous year, resulting in a reduced gross profit margin of 37.2% compared to 40.8% in 2024. The company experienced a loss for the period attributable to equity holders amounting to approximately RMB3.01 million, a notable shift from the profit of RMB2.81 million recorded in 2024. Basic loss per share was reported at approximately RMB0.078, contrasting with an earnings per share of RMB0.073 in the previous year. The Board resolved not to recommend the payment of any interim dividends for the six months ended 30 June 2025, consistent with the previous year. Additionally, Zhejiang Chang'an Renheng Chemical Co., Ltd., a subsidiary, benefited from a preferential income tax rate of 20% under the "small and thin profit enterprises" category for the period, contributing to the overall financial strategy.

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. Zhejiang ChangAn Renheng Technology Co. 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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