Fujing Holdings Reports 17.7% Revenue Increase and 112% Net Profit Surge for 1H2025
Reuters
Aug 29
Fujing Holdings Reports 17.7% Revenue Increase and 112% Net Profit Surge for 1H2025
Fujing Holdings Co. Ltd. has announced its unaudited consolidated interim results for the six months ended 30 June 2025. The company reported a 17.7% increase in revenue, reaching approximately RMB88.3 million, compared to RMB75.0 million for the same period in 2024. The gross profit for the period was approximately RMB38.0 million, up from RMB28.5 million in the previous year. The net profit for the six months ended 30 June 2025 was approximately RMB31.6 million, marking a significant increase from RMB14.9 million in the corresponding period of 2024. Earnings per share rose to 6.32 RMB cents from 3.29 RMB cents. The cost of sales increased by approximately 8.1%, from RMB46.5 million in 1H2024 to RMB50.2 million in 1H2025. This rise was primarily due to higher revenue, although advancements in cultivation technology, including the transition from seeds to seedlings, effectively reduced labor and substrate costs. The Board of Fujing Holdings Co. Ltd. does not recommend the payment of interim dividends for the six months ended 30 June 2025, consistent with the previous year.
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