ZHI SHENG GP (08370) announced its annual results for the year ended June 30, 2025. The group achieved revenue of RMB 69.445 million, representing a year-on-year increase of 20.82%. Losses attributable to owners of the company totaled RMB 13.508 million, a decrease of 64.89% compared to the previous year. Loss per share was 11.11 cents.
During the reporting period, the group's furniture product sales generated revenue of approximately RMB 51.3 million, an increase of about RMB 14.2 million or approximately 38.4% compared to the same period last year.
Throughout the reporting period, the domestic real estate market remained in a deep adjustment phase. Despite continued policy support, the recovery process has been slow, and the industry downturn has had a greater-than-expected impact on the downstream furniture business. Weak terminal consumer demand, combined with some important financial clients reducing their network outlets, led to a significant decline in related orders. Under this dual pressure, operations faced considerable challenges.