Persistence Resources Group 9M revenue rises to RMB450.3 million, up 23%

Reuters
Nov 28
Persistence Resources Group 9M revenue rises to RMB450.3 million, up 23%

Persistence Resources Group Ltd. announced its unaudited results for the nine months ended 30 September 2025. The Group reported revenue of CNY 450.3 million for the period. Gross profit reached CNY 231.9 million. Basic and diluted earnings per share attributable to ordinary equity holders amounted to approximately CNY 0.0441, representing an increase of approximately 3.0 percent for the period. The company noted that the decrease in net profit was primarily due to increased cost of sales, a decrease in interest income, back payment for soil and water conservation compensation fees, higher legal and professional fees related to the acquisition of Yantai Mujin, and increased research and development expenses.

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