XJ International Holdings Co. Ltd. reported its financial results for the six months ending on 28 February 2025. The company recorded revenue of RMB2,116.70 million, reflecting an increase from RMB2,042.17 million for the same period in 2024. The gross profit for the period stood at RMB924.01 million compared to RMB898.96 million for the previous year. The adjusted net profit showed a rise, amounting to RMB479.42 million from RMB429.16 million in the corresponding period of 2024. The increase in adjusted net profit was influenced by the elimination of several accounting adjustments, including fair value losses on convertible bonds and gains on the disposal of equity interests. The company did not report any material acquisitions or disposals of subsidiaries, associates, and joint ventures during the reporting period. Following the reporting period, XJ International Holdings formed a special work group for convertible bonds, led by Mr. Yang Wen, the chief financial officer, to engage with financial advisors and legal counsel. No specific outlook or guidance was provided for the upcoming periods in the report.
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