Fullshare Holdings Limited (Stock Code: 00607) released its unaudited interim results for the six months ended 30 June 2025. The group reported revenue of approximately RMB10.27 billion, a slight decrease from RMB10.68 billion in the same period of 2024. Meanwhile, it achieved a profit attributable to the owners of the company of approximately RMB-148 million, compared with about RMB-1.50 billion in 2024. Overall profit for the period amounted to RMB179 million, reversing the loss of RMB1.53 billion in the prior period.
According to the interim report, the new energy business contributed the majority of the revenue at RMB9.98 billion. The property segment recorded rental income of RMB109.64 million, while the tourism operations saw stable performance in hotel operations in Australia and the PRC. The investment and financial services segment posted a turnaround, reflecting reduced impairment losses and valuation changes in its investment portfolio. Meanwhile, healthcare, education, and other businesses generated RMB41.26 million, mainly from sales of related products and services.
Management highlighted the improvement in operating profit to RMB551.14 million on factors including reduced impairment provisions and fair value changes in certain financial instruments. The company’s total assets stood at RMB45.71 billion, while total liabilities were approximately RMB30.84 billion. Its cash and cash equivalents (excluding restricted cash) were RMB4.02 billion. No interim dividend was declared.
The announcement also reported continued focus on the group’s strategic direction in new energy, particularly in producing wind gear transmission equipment. Additionally, the group noted ongoing efforts to optimize its financial position by managing borrowings and pledged assets, which remained at RMB11.77 billion in total debt. The current ratio was approximately 1.2.
Trading in the shares of Fullshare Holdings Limited was suspended on 1 September 2025 and will resume on 3 November 2025 at 9:00 a.m., following the publication of these interim results. The board emphasized a cautious stance on future developments, prioritizing prudent financial management, risk assessment, and disciplined expansion across its diversified business portfolio.