GILSTON GROUP announced its interim results, with profit attributable to equity shareholders of HKD 26.372 million, a year-on-year increase of 143.15%
GILSTON GROUP announced its mid-term results for 2025, with a profit attributable to equity shareholders of HKD 26.372 million, a year-on-year increase of 143.15%. Revenue was approximately HKD 195 million, a year-on-year increase of 21.3%; gross profit was HKD 99.349 million, a year-on-year increase of 11.7%. The revenue growth was mainly due to the expansion of new property management business, while the profit increase was attributed to the direct operation of Jia Jin Long Automobile City
According to the Zhitong Finance APP, GILSTON GROUP (02011) announced its interim results for 2025, with revenue of approximately HKD 195 million, a year-on-year increase of 21.3%; gross profit of HKD 99.349 million, a year-on-year increase of 11.7%; profit attributable to equity shareholders of the company was HKD 26.372 million, a year-on-year increase of 143.15%; basic earnings per share were HKD 0.046.
The announcement stated that the increase in revenue was mainly due to the expansion of new property management businesses, which brought considerable income to the group. The increase in profit was mainly due to directly operating the Jiajinlong Auto City through the subscription of 90% of the shares of Shenzhen Jiajinlong Industrial Development Co., Ltd., which generated a higher portion of revenue and net profit compared to managing Jiajinlong Auto City through a management agreement
