Xin Point Holdings Reports 5.4% Revenue Decline, Lower Profit for 1H 2025; EPS Drops to RMB24.1 Cents
Reuters
Aug 28, 2025
Xin Point Holdings Reports 5.4% Revenue Decline, Lower Profit for 1H 2025; EPS Drops to RMB24.1 Cents
Xin Point Holdings Ltd. has announced its unaudited interim results for the six months ended 30 June 2025. The company reported a revenue of approximately RMB1.557 billion, marking a 5.4% decline from RMB1.646 billion in the corresponding period of the previous year. The profit attributable to owners of the parent decreased to RMB241.7 million from RMB322.2 million in the same period last year. Basic and diluted earnings per share were reported at RMB24.1 cents, down from RMB32.1 cents per share in the prior year period. The interim dividend was maintained at HK20.0 cents per share. The company noted challenges in certain markets, particularly in Europe, and cited ongoing uncertainties related to rapidly evolving U.S. policies and a decline in Tesla's global sales as factors contributing to the revenue drop. Despite the decline in revenue, the company achieved an increase in overall average selling price. However, reduced revenue, under-utilisation of production capacity, and higher factory overheads led to a decline in gross profit for the first half of 2025.
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