Want Want China Holdings Ltd. has announced its audited consolidated results for the year ended 31 March 2025. The company reported a slight decrease in revenue, which fell by 0.3% to RMB 23.51 billion from RMB 23.59 billion the previous year. Despite this decline in revenue, the company saw improvements in profitability. Gross profit increased by 1.8% to RMB 11.19 billion, and operating profit rose by 4.1% to RMB 5.84 billion. Additionally, profit attributable to equity holders of the company grew by 8.6% to RMB 4.34 billion. The company's gross profit margin improved by 1.0 percentage point to 47.6%, while the operating profit margin increased by the same margin to 24.8%. The margin of profit attributable to equity holders of the company rose by 1.5 percentage points to 18.4%. Basic earnings per share also saw an increase, rising to RMB 36.71 cents from RMB 33.65 cents the previous year. The company noted that based on its assessment of the Pillar Two legislation, it does not expect significant exposure to "top-up" taxes and will continue to monitor developments in relevant jurisdictions. No specific outlook or guidance for future periods was provided.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.