Xinming China Holdings Reports 57.9% Drop in Revenue and RMB136.8 Million Loss for H1 2025; EPS at RMB0.728
Reuters
Aug 29
<a href="https://laohu8.com/S/02699">Xinming China</a> Holdings Reports 57.9% Drop in Revenue and RMB136.8 Million Loss for H1 2025; EPS at RMB0.728
Xinming China Holdings Ltd. announced its unaudited interim results for the six months ended 30 June 2025. The Group reported a revenue of approximately RMB33.1 million, which marks a significant decrease of approximately 57.9% compared to the same period last year. The gross profit for the Group was approximately RMB4.8 million, reflecting a decline of about 69.5% from the previous year. The company reported a loss attributable to the owners of approximately RMB136.8 million, representing a decrease in loss of approximately 59.1% compared to the same period last year. The Board did not recommend the payment of an interim dividend for this period. The report highlights a decrease in both revenue and gross profit, alongside a reduced loss for the period, indicating financial challenges faced by Xinming China Holdings Ltd. during the first half of 2025.
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