China Huirong (01290) Reports Interim Results with Profit Attributable to Equity Holders Rising 7% to RMB 32.76 Million

Stock News
Aug 29

China Huirong (01290) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of RMB 346 million, representing a 2% year-over-year decrease. Profit attributable to equity holders reached RMB 32.762 million, up 7% compared to the same period last year. Basic earnings per share stood at RMB 0.03.

According to the announcement, the decline in revenue was primarily attributed to the comprehensive impact of external factors including macroeconomic environment adjustments, real estate industry volatility, and changes in credit policies. These factors led to a contraction in the company's debt-related business scale, particularly real estate mortgage loans, resulting in decreased interest income.

As of June 30, 2025, the company's profit attributable to equity holders amounted to RMB 32.762 million, representing an increase compared to the same period last year. This growth was mainly due to a reduction in the proportion of non-controlling interests, which led to higher profit attributable to equity holders despite the overall decline in profits during the period.

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