Chia Tai Enterprises Reports Q1 2025 Revenue Surge to $165M, Profit Rises to $9.41M

Reuters
05-15
Chia Tai Enterprises Reports Q1 2025 Revenue Surge to $165M, Profit Rises to $9.41M

Chia Tai Enterprises International Ltd. reported its unaudited consolidated results for the three months ended 31 March 2025. The company reported a significant increase in revenue, which rose to $165.041 million from $54.654 million for the same period in 2024. The gross profit also increased to $20.969 million compared to $8.510 million in the previous year. The profit before tax showed a substantial improvement, reaching $11.579 million, up from $1.876 million in the corresponding period of 2024. The income tax expense for the period was $2.169 million, resulting in a profit for the period of $9.410 million, significantly higher than the $1.450 million reported in the previous year. The total comprehensive income for the period was $10.639 million, compared to a loss of $1.819 million in the same period in 2024. This improvement includes other comprehensive income of $1.229 million, which contrasts with a loss of $3.269 million in the previous year. The profit attributable to shareholders of the company was $7.688 million, up from $989,000 in the first quarter of 2024. Additionally, profit attributable to non-controlling interests increased to $1.722 million from $461,000 in the previous year. No substantial updates regarding business operations were included in the report.

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. Chia Tai Enterprises International Ltd. published the original content used to generate this news brief on May 15, 2025, and is solely responsible for the information contained therein.

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