GHPC (01847) Reports Interim Results with Net Loss Attributable to Parent of Approximately RMB 17.8 Million, Narrowing 30.2% Year-over-Year

Stock News08-26

GHPC (01847) announced its interim results for 2025, reporting operating revenue of approximately RMB 557 million, representing a year-over-year increase of 57.2%. The net loss attributable to shareholders of the parent company was approximately RMB 17.8 million, narrowing by 30.2% compared to the same period last year. Basic loss per share was RMB 0.04.

From a business segment perspective, for the six months ended June 30, 2025, the group's revenue growth was primarily driven by increased revenue from the building materials business. The building materials segment generated revenue of approximately RMB 539 million, accounting for 96.8% of total operating revenue, representing an increase of approximately 59.0% compared to the same period in 2024.

This growth was mainly attributed to the significant increase in ready-mix concrete sales volume within the building materials segment, which rose from 1.079 million cubic meters in the first half of 2024 to 2.067 million cubic meters in the first half of 2025, representing a year-over-year increase of 91.6%. This volume growth led to a 61.4% increase in ready-mix concrete sales revenue.

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