SHENGUAN HLDGS (00829) Reports Interim Results with Shareholders' Loss of RMB 40.586 Million, Turning from Profit to Loss
Stock News
Aug 25, 2025
SHENGUAN HLDGS (00829) announced its interim results for 2025, reporting revenue of RMB 444 million, representing a decrease of 1.87% year-on-year. The company recorded a loss attributable to shareholders of RMB 40.586 million, compared to a profit attributable to shareholders of RMB 8.231 million in the corresponding period last year, marking a shift from profit to loss. Basic loss per share stood at 1.26 cents. According to the announcement, insufficient consumer confidence during the period led to weakened demand in the meat and meat products market, which impacted the group's sales performance.
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