Greatime International Holdings Ltd. Reports 1.4% Decline in Revenue to RMB237.2 Million for H1 2025

Reuters
Sep 25, 2025
Greatime International Holdings Ltd. Reports 1.4% Decline in Revenue to RMB237.2 Million for H1 2025

Greatime International Holdings Ltd. reported revenue of RMB237.2 million for the six months ended 30 June 2025, compared to RMB240.5 million in the same period of 2024, representing a decrease of approximately RMB3.3 million or 1.4%. The company's innerwear products segment accounted for RMB204.5 million, or 86.2% of total revenue, up from RMB183.0 million, or 76.1%, in the prior year period. Revenue from knitted fabrics declined to RMB32.4 million from RMB55.4 million, while the space measurement segment contributed RMB0.3 million, compared to RMB2.0 million in the previous period. The Board resolved not to declare any interim dividend for the six months ended 30 June 2025. The company stated that it maintained a stable market share in key markets including China, Japan, Italy, and the United States, and reported no significant labor disputes or recruitment difficulties during the period. Looking ahead, Greatime International Holdings Ltd. highlighted the ongoing advancement of China's smart city infrastructure and the expansion of low-altitude airspace reform pilot programs as factors expected to shape future business activities, with local governments actively promoting the establishment of low-altitude economic industrial parks and application demonstration scenarios. The company indicated it will continue monitoring foreign exchange exposure and consider hedging or factoring measures as needed. No material contingent liabilities were reported as at 30 June 2025.

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