Ruichang International Holdings Reports 33% Revenue Drop and Swings to Net Loss of RMB 38 Million with EPS Decline for H1 2025

Reuters
Aug 29
Ruichang International Holdings Reports 33% Revenue Drop and Swings to Net Loss of RMB 38 Million with EPS Decline for H1 2025

Ruichang International Holdings Ltd. has announced its unaudited condensed consolidated interim results for the six months ended 30 June 2025. The Group reported a revenue of RMB 151.8 million, a significant decrease from the RMB 224.9 million reported in the same period of 2024. The net result swung to a loss of RMB 38.1 million from a profit of RMB 11.5 million in the previous year. The Group's gross profit also declined, reporting RMB 39.9 million compared to RMB 75.3 million in the corresponding period of 2024. The gross profit margin decreased from 33.5% to 26.3%. Revenue from the manufacturing and sale of SRU and VOCs incineration equipment also dropped from RMB 73.1 million to RMB 39.6 million. The Group did not provide any outlook or guidance in this announcement.

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