Hengdeli Holdings Limited Reports Decrease in Sales and Profit for First Half of 2025

Reuters
Sep 05
Hengdeli Holdings Limited Reports Decrease in Sales and Profit for First Half of 2025

Hengdeli Holdings Limited has released its interim financial results for the first half of 2025. The company reported a notable decline in revenue, with figures dropping from RMB 580.361 million in the first half of 2024 to RMB 314.314 million in the same period of 2025, marking a 45.8% decrease year-on-year. Despite the decrease in revenue, the gross profit margin improved to 20.5% from 16.4% in the previous year. Profit for the period saw a substantial increase, rising to RMB 26.033 million from RMB 0.499 million, a remarkable 5,117% increase. Profit attributable to equity shareholders also showed significant improvement, reaching RMB 26.308 million compared to a loss of RMB 2.504 million in the same period last year, an increase of 1,150.6%. The company acknowledged the challenges posed by a complex and volatile global environment, which included increasing trade barriers and geopolitical conflicts. In response, Hengdeli Holdings Limited has focused on adapting its business strategies to market changes, emphasizing sound, steady, and long-term operations to preserve its market position and explore new opportunities. The company continues to address the complicated economic environment with measures to improve gross profit margins and control expenses effectively.

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