Zall Smart Commerce Group Ltd. Reports 33% Increase in Revenue to RMB 90.92 Billion for H1 2025; Gross Profit Drops by 24%
Zall Smart Commerce Group Ltd. has released its unaudited condensed consolidated interim results for the six months ending June 30, 2025. The Group reported a revenue increase to RMB90.9 billion, up from RMB68.3 billion during the same period in 2024, marking a significant rise in sales activity. Despite the increase in revenue, the gross profit decreased to RMB277 million from RMB364 million in the previous year, primarily due to a higher cost of sales which reached RMB90.6 billion, up from RMB67.9 billion in 2024. The net income attributable to ordinary equity shareholders grew to RMB97.1 million, compared to RMB49.8 million in the prior year. This improvement in profitability is reflected in the basic earnings per share, which were reported to be based on a weighted average of 12,399,506,000 ordinary shares in issue during the period. The Group's principal activities, including developing and operating large-scale consumer product-focused wholesale shopping malls in the People's Republic of China, as well as providing supply chain management and other related services, continue to be a focus area. No specific outlook or future guidance was included in the release.
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