RUICHANG INTL (01334) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of RMB 152 million, representing a decrease of 32.5% year-on-year. The loss attributable to owners of the company was RMB 37.967 million, compared to a profit of RMB 11.525 million in the same period last year. Basic loss per share was 7.59 cents.
According to the announcement, the group's revenue from sales of sulfur recovery equipment and volatile organic compound incineration equipment decreased by 45.8% year-on-year, primarily due to delays in orders for sulfur recovery equipment and volatile organic compound incineration equipment.
The group's revenue from sales of catalytic cracking equipment decreased by 60.0% year-on-year, mainly due to the temporary deferral and postponement of certain sales orders at customers' instruction in light of current industry conditions.
The group's revenue from sales of process burners increased by 126.5% year-on-year, primarily attributable to increased sales orders for process burners.
The group's revenue from sales of heat exchangers increased by 726.9% year-on-year, mainly due to increased sales orders and completion of major sales orders in the first half of 2025.