China Kingstone Mining Reports 44.3% Revenue Decline and Reduced Loss for H1 2025; EPS Improves
Reuters
Aug 28
China Kingstone Mining Reports 44.3% Revenue Decline and Reduced Loss for H1 2025; EPS Improves
China Kingstone Mining Holdings Ltd. has announced its unaudited interim results for the six months ended 30 June 2025. The company reported a significant decline in revenue, which fell by 44.3% to RMB 17.1 million compared to RMB 30.8 million in the same period of 2024. This decline in revenue is mainly attributed to a decrease in sales of marble slags, which dropped from RMB 27.7 million in 2024 to RMB 7.8 million in 2025, while sales of food increased from RMB 3.1 million to RMB 9.3 million. The company also reported a reduced loss for the period, with a net loss of RMB 7.7 million, an improvement from the RMB 16.6 million loss recorded in the previous year. Despite the reduction in loss, the basic loss per share decreased from 7.73 RMB cents to 2.70 RMB cents. Cost-cutting measures appear to have contributed to the reduction in losses, as evidenced by lower selling and distribution costs, which decreased from RMB 2.5 million to RMB 1.2 million, and a decrease in administrative expenses from RMB 12.6 million to RMB 11.4 million. There is no specific outlook or guidance included in the report.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Kingstone Mining Holdings Ltd. published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.
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.