Haina Intelligent Reports 23% Revenue Increase and Returns to Profitability for H1 2025
Haina Intelligent Equipment International Holdings Ltd. has announced its unaudited condensed consolidated results for the six months ending June 30, 2025. The Group reported a revenue of approximately RMB224.2 million, marking an increase from the RMB182.4 million recorded in the same period in 2024. Gross profit for the period was approximately RMB51.7 million, up from RMB30.5 million in the prior period, with the gross profit margin improving from 16.7% to 23.1%. Profit attributable to owners of the Company was approximately RMB8.8 million for the six months ended June 30, 2025. This represents a significant turnaround from a loss of approximately RMB11.6 million in the six months ended June 30, 2024. The increase in profit reflects improved operational efficiency and cost management. Other income for the period was RMB2.6 million, compared to RMB5.1 million in the previous year. The company also benefited from a government grant of RMB544,000 and an additional deduction of input value-added tax amounting to RMB268,000. There was also revenue from the sale of scrap materials, which amounted to RMB731,000. No specific future outlook or guidance was provided within the announcement.
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