Huabao International FY2025 operating loss narrows 10.2% to RMB360.88 million, revenue rises 3.3% to RMB3.48 billion

Reuters
03/20
Huabao International FY2025 operating loss narrows 10.2% to RMB360.88 million, revenue rises 3.3% to RMB3.48 billion
  • Huabao published an announcement of annual results for the year ended 31 December 2025.
  • Revenue rose 3.3% to RMB3.48 billion, while gross profit fell 1.3% to RMB1.42 billion.
  • Gross profit margin was 40.8%, down 1.9 percentage points, and management said the decline reflected a relatively significant fall in revenue from domestic tobacco customers alongside steady overall growth driven mainly by internationalisation.
  • Operating loss narrowed 10.2% to RMB360.88 million, which management attributed mainly to RMB488.39 million of goodwill impairment and RMB95.75 million of share-based compensation expenses.
  • Loss attributable to equity holders was RMB388.8 million and net cash generated from operating activities increased 21.5% to RMB825.95 million.


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. Huabao International Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260320-12061602), on March 20, 2026, and is solely responsible for the information contained therein.

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