Chaowei Power Reports 28.4% Increase in Revenue to RMB27.26 Billion for H1 2025
Reuters
Sep 22
Chaowei Power Reports 28.4% Increase in Revenue to RMB27.26 Billion for H1 2025
Chaowei Power Holdings Limited has reported its interim financial results for 2025. The company recorded a revenue of approximately RMB27.26 billion for the period, marking an increase of about 28.4% from the RMB21.24 billion reported for the corresponding period in 2024. This rise in revenue is attributed mainly to an increase in sales of renewable materials. The company's overall gross profit margin decreased to approximately 6.6% from 7.6% in the previous year. Profit attributable to owners of the company rose slightly by 0.9% to approximately RMB205.2 million, compared to RMB203.4 million in the same period of the previous year. Basic earnings per share were RMB0.19, up from RMB0.18 in 2024. The company continues to focus on leveraging its core technological innovation advantages and maintaining a customer demand-oriented approach. It remains committed to its corporate mission of advocating green energy and contributing to the development of the new energy industry. Chaowei Power Holdings Limited aims to play a role in promoting the progress of human life through its products and services.
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