Rizhao Port Jurong Co. Ltd. Reports 28.2% Drop in Revenue to RMB 304.8 Million for First Half of 2025

Reuters
2025/08/29
<a href="https://laohu8.com/S/600017">Rizhao Port</a> Jurong Co. Ltd. Reports 28.2% Drop in Revenue to RMB 304.8 Million for First Half of 2025

Rizhao Port Jurong Co. Ltd., a port operation company based in Rizhao City, Shandong Province, China, has announced its unaudited condensed interim results for the six months ended 30 June 2025. The company's revenue for this period was reported at RMB 304.8 million, a noticeable decline from the RMB 424.2 million recorded in the same period in 2024. The cost of sales also decreased to RMB 179.3 million from RMB 247.3 million in the prior year. Consequently, the gross profit for the six months ended 30 June 2025 was RMB 125.5 million, down from RMB 176.9 million in 2024. Other income, net, for the period increased to RMB 4.8 million from RMB 2.5 million in the previous year. The company continues its operations, including handling grains, woodchips, and dried tapioca, along with offering berth leasing and other port services such as warehousing and cargo storage.

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. Rizhao Port Jurong 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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