--- title: "Zhongsheng Slips To Loss In FY25 On Weak Revenues" type: "News" locale: "en" url: "https://longbridge.com/en/news/280596969.md" description: "Zhongsheng Group Holdings Ltd. reported a net loss of RMB1.673 billion for FY25, down from a profit of RMB3.212 billion last year, due to weaker revenues. Revenue decreased by 2.2% to RMB164.40 billion, despite a 2.5% increase in new car sales volume, primarily driven by luxury brands. The company plans to increase its NEV store count by 2026 and its founders will reduce their salaries to one yuan to demonstrate commitment to overcoming challenges. Shares closed 1.41% higher at HK$7.930." datetime: "2026-03-26T09:04:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280596969.md) - [en](https://longbridge.com/en/news/280596969.md) - [zh-HK](https://longbridge.com/zh-HK/news/280596969.md) --- # Zhongsheng Slips To Loss In FY25 On Weak Revenues Add as your preferred news source on Google Add Now Zhongsheng Group Holdings Ltd. (ZSHGY,0881.HK), an automobile dealership group, on Thursday reported a shift to loss in the financial year 2025 from profit last year, as weaker revenue weighed on overall performance. New car sales volume increased from last year, supported by Luxury brands, while pre-owned automobile trade volume declined. In financial year 2025, the company reported net loss of RMB1.673 billion or RMB0.71 per share, compared to a net profit of RMB3.212 billion or RMB1.35 per share last year. The Chinese automobile company's loss from operations of RMB522.35 million was shifted from profit from operations of RMB5.675 billion in the prior year. Revenue for the fiscal year 2025 was RMB164.40 billion, 2.2 percent lesser than RMB168.12 billion in the previous year. New car sales volume stood at 497,316 units, marking a year-on-year increase of 2.5%. Luxury brands accounted for 311,443 units, a growth of 6.2% from last year. Meanwhile, pre-owned automobile trade volume fell 2.2% year-over-year to 221,213 units. Regarding the new year, Zhongsheng said it aims to multiply its NEV store count by the end of 2026. For 2026, the company's founders will cut their annual salaries to one yuan, signalling commitment to navigating challenges and advancing high-quality development. On the Hongkong Stock Exchange, the shares of Zhongsheng closed Thursday's trading 1.41 percent higher, at HK$7.930. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. For comments and feedback contact: editorial@rttnews.com Business News ### Related Stocks - [CARZ.US](https://longbridge.com/en/quote/CARZ.US.md) - [00881.HK](https://longbridge.com/en/quote/00881.HK.md) ## Related News & Research - [Stellantis to produce small E-Car in Italy's Pomigliano from 2028](https://longbridge.com/en/news/286867854.md) - [Zeekr remains Malaysia’s top premium EV brand in Jan-Apr 2026](https://longbridge.com/en/news/286881998.md) - [Carvana grew into a used-car titan. Its new-car sales project has dealers rattled.](https://longbridge.com/en/news/286796589.md) - [Two Weeks Can Make a Difference for Auto Insurers](https://longbridge.com/en/news/286600408.md) - [Stellantis joins race to build mini-EVs for Europe](https://longbridge.com/en/news/286873737.md)