TONTINE WINES released its interim results, with a profit attributable to shareholders of HKD 62,000
TONTINE WINES released its interim results for the period ending June 30, 2025, with revenue of 59.695 million yuan, a year-on-year increase of 6.3%. The profit attributable to shareholders was 62,000 yuan, compared to a loss of 261 million yuan in the same period last year, with basic earnings per share of 0.02 yuan. The growth in performance is mainly attributed to the stable growth in demand for high-end wine products in China and domestically
According to the Zhitong Finance APP, TONTINE WINES (00389) announced its performance for the six months ending June 30, 2025, with revenue of RMB 59.695 million, a year-on-year increase of 6.3%; the profit attributable to the company's owners and total comprehensive income amounted to RMB 62,000, compared to a loss of RMB 261 million in the same period last year; basic earnings per share were 0.02 cents.
During the review period, the group's revenue slightly increased year-on-year, mainly due to the stable growth in demand for high-end wine products in China and domestically, resulting in stable sales and gross profit margins for some of the group's high-end wine products
