Xin Point Holdings Reports Interim Profit of RMB214 Million, Down 11.7% Year-on-Year

Stock News08-27

XIN POINT HOLD (01571) has announced its interim results for the six months ended June 30, 2026, with revenue reaching RMB1.459 billion, a decrease of 6.28% compared to the same period last year. Profit attributable to shareholders of the parent company stood at RMB214 million, reflecting an 11.66% decline year-on-year, while basic earnings per share came in at RMB0.213.

The board has proposed an interim dividend of HK$0.15 per share. According to the company's announcement, the revenue decline during the reporting period was primarily driven by a reduction in projects secured during the COVID-19 pandemic, which continued to impact the number of projects entering mass production. Additionally, geopolitical factors led to elevated oil prices, prompting certain customers to cut back or postpone orders, which further weighed on the group's top line.

Despite the uncertain macroeconomic and trade environment, the group has maintained prudent management over order delivery, production allocation, and cost structure.

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