Rizhao Port Jurong Co. Ltd. Reports 28.2% Decrease in Revenue and 29.1% Drop in Gross Profit for H1 2025; Net Profit Down from Prior Year
Reuters
Sep 26, 2025
<a href="https://laohu8.com/S/600017">Rizhao Port</a> Jurong Co. Ltd. Reports 28.2% Decrease in Revenue and 29.1% Drop in Gross Profit for H1 2025; Net Profit Down from Prior Year
Rizhao Port Jurong Co. Ltd. reported its interim results for the six months ended 30 June 2025. The company recorded revenue of RMB304.771 million, a decrease of RMB119.469 million or 28.2% compared to the same period in 2024. Gross profit for the period was RMB125.456 million, down RMB51.479 million or 29.1% year-on-year. Profit before income tax reached RMB109.619 million, representing a decrease of RMB47.736 million or 30.3% compared to the prior year period. Net profit was RMB82.789 million, a decrease of RMB37.721 million or 31.3% from the same period in 2024. The decline in financial performance was attributed primarily to reduced demand for imported raw materials among customers, which led to lower business volumes. Revenue from contracts with customers decreased by RMB123.858 million, partially offset by an increase of RMB4.389 million in revenue from property lease. No outlook or guidance is provided in the released results. The company did not report earnings per share for the period.
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