Wellcell Holdings Reports 15.1% Revenue Decline and 28% Drop in Profit for H1 2025; EPS Falls by 29.4%

Reuters
Aug 29
Wellcell Holdings Reports 15.1% Revenue Decline and 28% Drop in Profit for H1 2025; EPS Falls by 29.4%

WellCell Holdings Co., Limited announced its unaudited interim results for the six months ended 30 June 2025. The company's revenue decreased by approximately 15.1% to RMB90.1 million compared to the same period in 2024. Profit attributable to equity holders fell by about 28.0% to RMB7.7 million. Basic earnings per share decreased by approximately 29.4% to RMB0.77 cents. The Board has decided not to recommend any interim dividend for this period. In terms of business operations, the company has continued its principal activities, which include wireless telecommunication network enhancement services, telecommunication network infrastructure maintenance and engineering services, ICT integration services, telecommunication network-related software development and related services, and the sale of software. Notably, the company has also extended its business into the financial technology sector during this period.

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