Zhongsheng Group (HKG:0881) reported 1.01 billion yuan in attributable profit for the first half of 2025, down 36% from 1.58 billion yuan a year earlier, according to a Hong Kong bourse filing Thursday.
Earnings per share shrank to 0.427 yuan from 0.662 yuan in the prior year. Analysts at Visible Alpha expected 0.82 yuan.
Revenue decreased 6.2% year-on-year to 77.32 billion yuan, figures showed. Analysts at Visible Alpha expected 78.87 billion yuan.
Shares of the automobile distributor fell 1.9% in midday trade Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.