VANOV HOLDINGS (02260) announced its interim results for the six months ended June 30, 2025, reporting revenue of RMB 102.6 million, representing a year-on-year increase of 6.3%. Profit attributable to equity holders reached RMB 6.645 million, down 64% compared to the same period last year. Basic earnings per share stood at 1.46 cents.
The year-on-year revenue growth was primarily attributed to the commissioning of the 14.5-meter high-end production line at Shanghai Jinxiong Paper Machine Clothing Co., Ltd. This development has effectively enhanced the group's high-end product mix, resulting in corresponding increases in average selling prices.
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