ZHI SHENG GP released its annual performance, with a loss attributable to shareholders of 13.508 million yuan, a year-on-year decrease of 64.89%
ZHI SHENG GP released its annual performance report for the year ending June 30, 2025, showing that the company's revenue was CNY 69.445 million, an increase of 20.82% year-on-year; the loss attributable to shareholders was CNY 13.508 million, a decrease of 64.89% year-on-year. Despite furniture product sales revenue of approximately CNY 51.3 million, an increase of 38.4%, the company faces significant challenges in operations due to adjustments in the domestic real estate market and weak consumer demand
According to the Zhitong Finance APP, ZHI SHENG GP (08370) announced its annual performance for the year ending June 30, 2025, with revenue of RMB 69.445 million, an increase of 20.82% year-on-year; the loss attributable to the company's owners was RMB 13.508 million, a decrease of 64.89% year-on-year; the loss per share was 11.11 cents.
During the reporting period, the group achieved revenue of approximately RMB 51.3 million from furniture product sales, an increase of approximately RMB 14.2 million or about 38.4% compared to the same period last year. The domestic real estate market remained in a deep adjustment period during the reporting period. Despite ongoing policy efforts, the recovery process was slow, and the industry's downturn had an unexpectedly significant impact on downstream furniture businesses. Weak end-consumer demand, coupled with some key financial clients reducing their outlets, led to a noticeable decline in related orders, posing significant challenges to operations under dual pressures
