China Greenland Broad Greenstate Reports Revenue Surge but Net Loss Deepens for H1 2025

Reuters
2025.09.02 04:03
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China Greenland Broad Greenstate Group Co. Ltd. reported a revenue increase to RMB7.154 million for H1 2025, up from RMB3.532 million in H1 2024. However, the net loss deepened to RMB29.551 million, compared to RMB5.058 million in the previous year. Gross profit rose to RMB2.863 million, but the gross profit margin fell by 9.8 percentage points to 40.0%. The company focuses on PPP projects, with five now in operation and maintenance, contributing significantly to its services.

China Greenland Broad Greenstate Group Co. Ltd. announced its unaudited consolidated interim results for the six months ended 30 June 2025. The company reported a revenue of RMB7.154 million, marking an increase from RMB3.532 million in the same period in 2024. Despite the rise in revenue, the company faced a net loss attributable to the owners of the Parent of RMB29.551 million, a substantial increase from the RMB5.058 million net loss recorded in the same period of the previous year. The gross profit for the first half of 2025 was RMB2.863 million, compared to RMB1.760 million in 2024, with the gross profit margin decreasing by 9.8 percentage points to 40.0%. The company highlighted that its portfolio primarily consists of PPP projects, with five having transitioned to operation and maintenance. The Group is actively involved in construction, design, maintenance, and operation services, with significant contributions from operation and maintenance services for hydroelectric power stations. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Greenland Broad Greenstate Group Co. Ltd. published the original content used to generate this news brief on September 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here