China Hongguang Holdings Ltd. Reports Surge in Net Profit to RMB 29,029k and EPS Increase to 6.32 RMB Cents for H1 2025
Reuters
Aug 29
China Hongguang Holdings Ltd. Reports Surge in Net Profit to RMB 29,029k and EPS Increase to 6.32 RMB Cents for H1 2025
China Hongguang Holdings Ltd. has released its unaudited condensed consolidated results for the six months ended June 30, 2025. The Group, which derives all its revenue from the sales of glass products in the PRC, reported a significant increase in profit for the period, reaching RMB 29.029 million compared to RMB 9.385 million in the same period of 2024. This rise in profit reflects a substantial growth in the company's earnings. The basic earnings per share also saw an increase, reported at 6.32 RMB cents, up from 2.04 RMB cents in the previous year. Other comprehensive loss for the period included an exchange difference on the translation of financial statements of the Company, totaling RMB 2.014 million. The interim financial report has been prepared using the same accounting policies as the 2024 annual financial statements, and no new standards or interpretations have been applied.
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