Fujing Holdings (02497) announced its interim results for 2025, reporting revenue of RMB 88.252 million, representing a year-on-year increase of 17.7%. Net profit reached RMB 31.607 million, surging 112.5% compared to the same period last year. Basic earnings per share stood at 6.32 cents.
The significant year-on-year increase in profit during the period was primarily attributable to (i) increased revenue; (ii) the absence of listing expenses in the first half of 2025; and (iii) the reversal of expected credit losses on trade and other receivables. Consequently, the company's net profit margin improved substantially from approximately 19.8% in the first half of 2024 to approximately 35.8% in the first half of 2025.