China High-Speed Transmission Reports 1.8% Drop in Sales Revenue, Loss Per Share Narrows to RMB0.083 for H1 2025
Reuters
Aug 29
China High-Speed Transmission Reports 1.8% Drop in Sales Revenue, Loss Per Share Narrows to RMB0.083 for H1 2025
China High-Speed Transmission Equipment Group Co., Ltd. has announced its unaudited consolidated interim results for the six months ended June 30, 2025. The Group reported sales revenue of approximately RMB9.98 billion, a decrease of 1.8% compared to RMB10.16 billion recorded during the same period in 2024. Despite the drop in revenue, the gross profit margin improved significantly to 18.6%, a 5.3 percentage point increase from the previous year's 13.3%. The loss attributable to owners of the Company was approximately RMB136.06 million, a notable reduction from the RMB528.73 million loss reported in the same period of 2024. The Company continues to engage in the research, design, development, manufacture, and sales of mechanical transmission equipment used in wind power and industrial applications. No specific outlook or guidance for future periods was provided in the announcement.
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 High-Speed Transmission Equipment Group Co. Ltd. published the original content used to generate this news brief on August 29, 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.