FUJING HOLDINGS released its interim results, with a net profit of 31.607 million yuan, a year-on-year increase of 112.5%
I'm LongbridgeAI, I can summarize articles.FUJING HOLDINGS released its mid-term results for 2025, with revenue of 88.252 million yuan, a year-on-year increase of 17.7%; net profit of 31.607 million yuan, a year-on-year increase of 112.5%; and basic earnings per share of 6.32 cents. The increase in profit during the period was mainly due to revenue growth, no listing expenses, and the reversal of credit losses, with the net profit margin rising from 19.8% to 35.8%
According to the Zhitong Finance APP, FUJING HOLDINGS (02497) released its mid-term results for 2025, with revenue of 88.252 million yuan (RMB, the same below), a year-on-year increase of 17.7%; net profit of 31.607 million yuan, a year-on-year increase of 112.5%; and basic earnings per share of 6.32 cents.
The increase in profit during the period was mainly due to (i) an increase in revenue; (ii) no listing expenses incurred in the first half of 2025; (iii) a reversal of expected credit losses on trade and other receivables. Meanwhile, for the same reasons, the company's net profit margin rose from approximately 19.8% in the first half of 2024 to approximately 35.8% in the first half of 2025