Sino-Life Group Ltd. Reports Slight Increase in Revenue to RMB 36,039k, Narrowed Loss Before Taxation to RMB 5,931k for Six Months Ending June 2025

Reuters
Aug 27
Sino-Life Group Ltd. Reports Slight Increase in Revenue to RMB 36,039k, Narrowed Loss Before Taxation to RMB 5,931k for Six Months Ending June 2025

Sino-Life Group Ltd. has released its unaudited financial results for the six months ended 30 June 2025. The company reported a slight increase in total consolidated revenue, which reached RMB 36.039 million compared to RMB 34.383 million in the same period of 2024. However, the group's reportable segment profit derived from external customers decreased, amounting to RMB 805,000 from RMB 914,000 in the previous year. The company experienced a consolidated loss before taxation of RMB 5.931 million, an improvement from the loss of RMB 7.673 million recorded in the first half of 2024. The results also revealed a fair value loss on financial assets measured at fair value through profit or loss (FVTPL) of RMB 80,000, contrasting with a gain of RMB 79,000 in the prior year. Additionally, there was a fair value loss on convertible bonds designated at FVTPL of RMB 615,000, compared to a gain of RMB 1.017 million in 2024. Unallocated other income and other net gains significantly increased to RMB 3.395 million from RMB 1.321 million in the previous period. Finance costs were reduced to RMB 749,000 from RMB 928,000, and unallocated head office and corporate expenses also decreased to RMB 8.687 million from RMB 10.076 million. The company's financial performance reflects changes in segment revenues and expenses, with funeral services and biotechnical businesses contributing to the revenue figures. The results provide insights into the company's financial health and operational adjustments over the reported period.

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