China Art Financial Holdings Ltd. announced its unaudited interim results for the six months ended 30 June 2025. The Group reported a revenue increase of approximately 17.5%, reaching RMB43.2 million, compared to the previous year's corresponding period. This rise was primarily driven by increased revenue from the art and asset sales business, particularly from artwork trading. The segment revenue from the art and asset sales business alone was RMB39.2 million, with a profit of approximately RMB1.5 million, up from RMB1.3 million in 2024. The art and asset pawn business and art and asset auction business reported revenues of RMB4 million and RMB98,000, respectively, with segment costs of RMB2 million and RMB376,000. Total segment costs amounted to RMB40 million, leading to a segment result of RMB3.2 million. Other income saw a decrease of approximately 33.7%, totaling RMB200,000 for the period. Finance costs rose to RMB85,000 from RMB25,000 in the prior year, mainly due to interest expenses on loans and lease liabilities. Current tax expenses for the period were RMB944,000, a decrease from RMB2.7 million in 2024. The Group has diversified its business and engaged in artwork trading, contributing significantly to the increased revenue.
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