Zhongshen Jianye Reports 47% Revenue Decline, Swings to RMB11.8 Million Loss for H1 2025

Reuters
Aug 29
Zhongshen Jianye Reports 47% Revenue Decline, Swings to RMB11.8 Million Loss for H1 2025

Zhongshen Jianye Holding Ltd. has reported its financial results for the six months ending June 30, 2025. The company's revenue decreased significantly from RMB379.0 million in the corresponding period of the previous year to RMB201.3 million. Gross profit also declined, dropping from RMB21.7 million to RMB11.8 million. The financial period marked a turnaround from a profit of RMB0.3 million in 2024 to a loss of RMB11.8 million in 2025. Despite these declines, the company's net assets increased by 7.4%, reaching RMB511.4 million as of June 30, 2025, up from RMB476.0 million at the end of 2024. The board has decided not to recommend the payment of any interim dividend for the period. The company's shares have been listed on the main board of The Stock Exchange of Hong Kong Limited since January 2024.

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