Jiande International Holdings Ltd. Reports Stable Revenue at RMB 63,937,000 for H1 2025, Gross Profit Drops to RMB 4,313,000
Jiande International Holdings Ltd. has announced its unaudited results for the six months ended June 30, 2025. The Group reported revenue from sales of properties amounting to RMB 63.937 million, showing a slight increase from RMB 63.934 million in the same period last year. The cost of sales increased to RMB 59.624 million from RMB 55.758 million, leading to a gross profit of RMB 4.313 million, down from RMB 8.176 million in the previous year. The company recognized other income of RMB 1.383 million and reported net other gains and losses of RMB 86, compared to RMB 4 the previous year. There was no reversal of allowance for expected credit loss on other receivables during this period, in contrast to a reversal of RMB 622,000 in the prior year. The net fair value change of investment properties resulted in a loss of RMB 203,000, improving from a loss of RMB 1.838 million in 2024. Selling expenses decreased to RMB 1.810 million from RMB 2.348 million. No outlook or guidance was provided in the results announcement. The interim report will be available by September 30, 2025, on the company's website and the Hong Kong Stock Exchange's website.
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