Huiyuan Cowins Technology Group Limited (1116) Announces Interim Results for the Six Months Ended 31 December 2025

Bulletin Express
03/01

Huiyuan Cowins Technology Group Limited (stock code: 1116) announced its unaudited consolidated interim results for the six months ended 31 December 2025. Revenue reached RMB454.03 million, an increase of 14.90% compared to RMB395.19 million in the same period last year. Gross profit margin stood at 10.50%. Profit attributable to shareholders turned positive at RMB1.34 million, reversing a loss of RMB8.65 million in the same period last year, with net profit after tax at RMB1.99 million.

During the reporting period, the production and sale of steel products as well as piped potable water solutions remained a key contributor to overall performance, recording revenue of RMB454.03 million. The company also continued its development of PCM and facility-farming operations.

As at 31 December 2025, the group had total borrowings of RMB159.58 million and bank balances and cash of RMB49.49 million, with the current ratio at 1.51. The board has not recommended any interim dividend for this period.

After the reporting period, the company proposed a new share option scheme, signed a framework cooperation agreement with Hebei Luda Construction Technology Co., Ltd., and designated a lead independent non-executive director. The framework cooperation agreement is intended to expand business in renewable energy and green building technologies, while details remain subject to further definitive documentation.

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