Zhongsheng Group Reports 6.2% Drop in Total Revenue, 38.4% Decline in Profit, and 35.5% Decrease in EPS for H1 2025

Reuters
2025/08/28
Zhongsheng Group Reports 6.2% Drop in Total Revenue, 38.4% Decline in Profit, and 35.5% Decrease in EPS for H1 2025

Zhongsheng Group Holdings Limited has announced its unaudited consolidated results for the six months ended 30 June 2025. The company reported a total revenue of RMB 77.3221 billion, marking a decline of 6.2% compared to RMB 82.4214 billion in the same period the previous year. This decrease was primarily driven by a 7.4% drop in sales of motor vehicles, which totaled RMB 63.9456 billion, down from RMB 69.0523 billion. In contrast, accessories and after-sales services saw a marginal increase of 0.1% to RMB 13.3765 billion, with after-sales services specifically rising by 4.4% to RMB 11.4453 billion. The group's gross profit fell by 14.6%, totaling RMB 4.2093 billion compared to RMB 4.9262 billion a year earlier. This decline was largely due to a 55.3% reduction in the gross profit from the sales of motor vehicles. The aggregate profit witnessed an 11.8% decrease, amounting to RMB 6.0544 billion. Profit for the period was reported at RMB 924.1 million, representing a significant decrease of 38.4% from RMB 1.500 billion in the prior-year period. Additionally, the profit attributable to owners of the parent declined by 36% to RMB 1.0114 billion. Basic earnings per share attributable to ordinary equity holders fell by 35.5% to RMB 0.427. The company continues to focus on its core operations related to the sale and service of motor vehicles in Mainland China, though it did not provide specific forward-looking guidance in this announcement.

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. Zhongsheng Group Holdings Limited published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.

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