JU TENG INTL (03336) Reports Interim Results with Shareholders' Loss of Approximately HK$79.072 Million, Up 15.1% Year-on-Year

Stock News
08/15

JU TENG INTL (03336) announced its interim results for 2025, reporting revenue of approximately HK$2.715 billion, representing a year-on-year decline of about 9.5%. Gross profit amounted to approximately HK$73 million, down about 63.6% compared to the same period last year. The loss attributable to company shareholders reached approximately HK$79.072 million, marking a 15.1% increase year-on-year, while basic loss per share stood at approximately 9.4 HK cents.

According to the announcement, the revenue decline was attributed to uncertainty in tariff policies during the period, as customers continued to evaluate their supply chain decisions to reduce import tariffs. Additionally, the group's factory in Vietnam only commenced production in the second quarter of 2025, and its capacity has not yet been fully opened to accept orders. The group's casing products also experienced persistent weak demand in the first half of the year.

The loss was mainly due to declining sales revenue and gross profit, though this impact was partially offset by increases in other income and gains, as well as reductions in operating costs.

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