Prinx Chengshan Holding Ltd. Reports 6% Rise in Revenue to RMB 5.71 Billion and 37% Drop in Net Profit for H1 2025; EPS at RMB 0.80

Reuters
Sep 25
<a href="https://laohu8.com/S/01809">Prinx Chengshan</a> Holding Ltd. Reports 6% Rise in Revenue to RMB 5.71 Billion and 37% Drop in Net Profit for H1 2025; EPS at RMB 0.80

Prinx Chengshan Holding Ltd. reported revenue of RMB5,705.2 million for the six months ended 30 June 2025, representing a 6.4% increase compared to the same period in 2024. Net profit for the period was RMB507.6 million, a decrease of 37.4% year-on-year. The company's gross profit margin declined by 8.0 percentage points to 16.6%. Net profit margin was 8.9%, down 6.2 percentage points from the previous year. EBITDA for the period was RMB791.0 million, marking a 33.8% year-on-year decrease. During the reporting period, domestic distributor channel revenue was RMB1,017.3 million, down 18.3% from RMB1,244.6 million in the same period of 2024. Meanwhile, the company saw significant growth in sales volume in the OE channels, particularly in the commercial vehicle sector, supported by the expansion in domestic new energy commercial vehicle markets and key automobile export markets. Overseas sales also increased in both volume and price, with 21 new overseas distributors developed during the period. Equity attributable to shareholders of the company was RMB6,738.5 million as of 30 June 2025, compared to RMB6,078.9 million at the end of the previous year. Management noted that the company continues to focus on expanding its international marketing efforts and optimizing digital tools for improved dealer and customer service efficiency.

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