VANOV HOLDINGS released its interim results, with a profit attributable to shareholders of HKD 6.645 million, a year-on-year decrease of 64%

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2025.08.22 13:37
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VANOV HOLDINGS released its interim results for the period ending June 30, 2025, with revenue of 102.6 million yuan, a year-on-year increase of 6.3%. However, the profit attributable to shareholders was 6.645 million yuan, a year-on-year decrease of 64%. The basic earnings per share were 1.46 cents. The revenue growth during the period was mainly attributed to the commissioning of the 14.5-meter high-end production line at Shanghai Jinxiong Paper Network Blanket Co., Ltd., which enhanced the group's proportion and average price of high-end products