SY Holdings Group (HKG:6069) saw its stock price soar 5.20% in early trading on Friday, following the release of its impressive first-half 2025 financial results. The company reported a significant increase in profits despite a slight decline in revenue, showcasing the effectiveness of its strategic initiatives.
According to the interim results announcement, SY Holdings' profit attributable to shareholders reached RMB 200 million for the six months ended June 30, 2025, representing a robust 28.66% increase compared to the same period last year. This translates to basic earnings per share of 20 cents, up from 16 cents in the previous year. The strong profit growth came despite a 7.1% year-on-year decrease in total revenue and income from main businesses, which stood at RMB 405 million.
The company attributed the revenue decline to its ongoing implementation of an asset-light strategy and strengthening of technology platform capabilities. This approach has led more small and medium-sized enterprise clients to satisfy their supply chain funding needs through external funding partners connected via SY Holdings' platform. While this strategy resulted in decreased revenue from digital financial solutions and supply chain asset refinancing, it was partially offset by significant growth in platform technology service income. Investors appear to be responding positively to the company's ability to boost profitability while transitioning to a more scalable, technology-driven business model.