HENG HUP announced its interim results, with profit attributable to owners of the company amounting to 8.5 million Malaysian Ringgit, a year-on-year decrease of 26.0%

Zhitong
2025.08.31 10:33
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HENG HUP announced its mid-term results for 2025, with revenue of 725 million Malaysian Ringgit, a year-on-year decrease of 16.2%. Gross profit was 61.7 million Malaysian Ringgit, a year-on-year decrease of 0.2%; profit attributable to owners of the company was 8.5 million Malaysian Ringgit, a year-on-year decrease of 26.0%. The decrease in revenue was mainly due to a decline in sales volume and average selling price of black scrap metal, which also affected profitability