Zhejiang Shibao Reports 35% Revenue Increase, 39% Rise in Net Profit, and 36% EPS Growth for H1 2025

Reuters08-26
<a href="https://laohu8.com/S/ZHHJY">Zhejiang Shibao</a> Reports 35% Revenue Increase, 39% Rise in Net Profit, and 36% EPS Growth for H1 2025

Zhejiang Shibao Company Limited has announced its interim results for the six months ended 30 June 2025. The company reported a net profit attributable to ordinary shareholders of RMB 93.03 million, marking an increase from RMB 66.89 million in the same period of 2024. This represents a notable growth in profitability for the company. Basic and diluted earnings per share increased to RMB 0.1131, up from RMB 0.0830 in the corresponding period of the previous year. The company's total assets reached RMB 3.45 billion, a rise of 5.76% from RMB 3.26 billion as of 31 December 2024. Net assets attributable to shareholders of the listed company increased by 2.25% to RMB 1.99 billion. The company's operations and assets remain centered on automotive steering systems and components, with 95.61% of revenue generated from domestic sales in Mainland China.

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