Persistence Resources Group Ltd. Reports 28.5% Revenue Increase and 8.4% Profit Growth for H1 2025

Reuters
2025/08/29
Persistence Resources Group Ltd. Reports 28.5% Revenue Increase and 8.4% Profit Growth for H1 2025

Persistence Resources Group Ltd. has reported its interim results for the six months ended 30 June 2025. The Group's revenue increased significantly by approximately 28.5% to RMB303.5 million, up from RMB236.2 million during the same period in 2024. This increase was driven primarily by a 34.2% rise in the average selling price, although it was slightly offset by a 4.3% decrease in sales volume. The Group's cost of sales also saw an increase, reaching RMB148.0 million from RMB110.7 million in the previous year, marking a rise of 33.7%. This was attributed to higher costs associated with the inclusion of Yantai Mujin, increased tailing processing fees, safety production expenses for open pit and underground mines, depreciation expenses, and resources tax. The gross profit for the period was RMB155.5 million, compared to RMB125.5 million in 2024. Profit before tax stood at RMB128.6 million, up from RMB114.8 million the previous year. The profit for the period attributable to the owners of the parent company increased to RMB62.8 million from RMB57.3 million in 2024, while the profit attributable to non-controlling interests was RMB22.7 million, compared to RMB21.6 million a year earlier. The Group did not provide any outlook or guidance for future periods in the released document.

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. Persistence Resources Group Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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