First Tractor Sees Decline in H1 Profit

MT Newswires Live

08/29

First Tractor Company (HKG:0038) reported 769 million yuan in attributable profit for the first half of 2025, falling from a profit of 905.3 million yuan a year earlier, according to a Hong Kong bourse filing Thursday.

Earnings per share was 0.6844 yuan, compared with 0.8057 yuan in the prior year.

Operating revenue fell to 6.93 billion yuan from 7.81 billion yuan a year earlier, figures showed.

The company also announced plans to pay dividends of 0.06844 yuan per share at a yet-to-be determined date.

Shares of the tractor company gained 7.6% in afternoon trade Friday.

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