GHW INTL released its interim results, with a profit attributable to shareholders of HKD 7.036 million, an increase of 58.22% year-on-year
GHW INTL announced its interim results for the period ending June 30, 2025, with a profit attributable to shareholders of HKD 7.036 million, an increase of 58.22% year-on-year. The group's revenue was HKD 1.857 billion, an increase of 3.72% year-on-year. The increase in profit was mainly due to the appreciation of currency leading to increased foreign exchange gains, as well as additional income from the value-added tax credit refund policy, despite a decrease in gross profit due to intensified market competition
According to the Zhitong Finance APP, GHW INTL (09933) released its interim results for the six months ending June 30, 2025, reporting revenue of RMB 1.857 billion, an increase of 3.72% year-on-year; the profit attributable to owners of the company was RMB 7.036 million, an increase of 58.22% year-on-year; basic earnings per share were RMB 0.007.
The announcement stated that the increase in profit during the period was mainly due to the appreciation of various currencies (such as the Russian Ruble and Mexican Peso against the RMB) leading to an increase in net foreign exchange gains, which in turn increased other income, along with additional value-added tax credit refund policies that raised other income to approximately RMB 7.5 million. This portion was offset by a decrease in gross profit due to increased market supply of certain self-produced and traded products, resulting in intensified market competition
