China Art Financial Holdings Ltd. Reports 17.5% Increase in Revenue to RMB43.2 Million for H1 2025, Driven by Artwork Sales

Reuters
08/29
China Art Financial Holdings Ltd. Reports 17.5% Increase in Revenue to RMB43.2 Million for H1 2025, Driven by Artwork Sales

China Art Financial Holdings Ltd. announced its unaudited interim results for the six months ended 30 June 2025. The Group reported a revenue increase of approximately 17.5%, reaching RMB43.2 million, compared to the previous year's corresponding period. This rise was primarily driven by increased revenue from the art and asset sales business, particularly from artwork trading. The segment revenue from the art and asset sales business alone was RMB39.2 million, with a profit of approximately RMB1.5 million, up from RMB1.3 million in 2024. The art and asset pawn business and art and asset auction business reported revenues of RMB4 million and RMB98,000, respectively, with segment costs of RMB2 million and RMB376,000. Total segment costs amounted to RMB40 million, leading to a segment result of RMB3.2 million. Other income saw a decrease of approximately 33.7%, totaling RMB200,000 for the period. Finance costs rose to RMB85,000 from RMB25,000 in the prior year, mainly due to interest expenses on loans and lease liabilities. Current tax expenses for the period were RMB944,000, a decrease from RMB2.7 million in 2024. The Group has diversified its business and engaged in artwork trading, contributing significantly to the increased revenue.

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. China Art Financial Holdings 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。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10