JU TENG INTL announced its interim results, with a loss attributable to equity holders of approximately HKD 79.072 million, an increase of 15.1% year-on-year
JU TENG INTL announced its mid-term results for 2025, with revenue of approximately HKD 2.715 billion, a year-on-year decrease of 9.5%. Gross profit was approximately HKD 73 million, a year-on-year decrease of 63.6%. The loss attributable to equity holders was approximately HKD 79.072 million, a year-on-year increase of 15.1%. The basic loss per share was approximately HKD 0.094. The decline in revenue was mainly due to uncertainties in tariff policies and clients reassessing supply chain decisions, with the capacity of the Vietnam factory not fully opened and weak demand for shell products. The loss was primarily due to the decline in sales revenue and gross profit, partially offset by a decrease in other income and operating costs
According to the Zhitong Finance APP, JU TENG INTL (03336) announced its mid-term results for 2025, with revenue of approximately HKD 2.715 billion, a year-on-year decrease of about 9.5%. Gross profit was approximately HKD 73 million, a year-on-year decrease of about 63.6%. The loss attributable to equity holders of the company was approximately HKD 79.072 million, an increase of 15.1% year-on-year; basic loss per share was approximately HKD 0.094.
The announcement stated that the decline in revenue was due to the uncertainty of tariff policies during the period, as customers are still evaluating their supply chain decisions to reduce import tariffs. In addition, the group's factory in Vietnam only began production in the second quarter of 2025, and its capacity has not yet been fully opened to take on orders, coupled with the continued weak demand for the group's shell products in the first half of the year. The loss was mainly attributed to the decline in sales revenue and gross profit, partially offset by increases in other income and gains and a decrease in operating costs
