Peking University Resources (Holdings) Co. Ltd. announced its audited consolidated financial results for the year ended 31 March 2025. The company reported a revenue increase of 12.3% to RMB 1.619 billion, compared to RMB 1.441 billion for the previous year. Despite the rise in revenue, the company recorded a gross loss of RMB 53 million, contrasting with a gross profit of RMB 131 million in the prior year. This shift was primarily due to an increase in the cost of sales from RMB 1.31 billion to RMB 1.672 billion. Other gains and losses, net, decreased significantly from RMB 516 million to RMB 327 million. Expenses also increased, with selling and distribution expenses rising to RMB 122 million from RMB 68 million, and administrative expenses increasing to RMB 234 million from RMB 167 million. The impairment of inventories recognized also saw an increase to RMB 7.5 million from RMB 1.7 million. The revenue from external customers was primarily generated in Mainland China, accounting for RMB 1.605 billion of the total, with an additional RMB 13.7 million from Singapore. The company did not provide specific guidance or outlook for the upcoming financial year.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Peking University Resources (Holdings) Co. Ltd. published the original content used to generate this news brief on July 02, 2025, and is solely responsible for the information contained therein.
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