Huazhong In-Vehicle Reports 23.3% Revenue Increase, 41.9% Profit Growth in H1 2025; EPS Rises to RMB1.46 Cents

Reuters08-29
<a href="https://laohu8.com/S/06830">Huazhong In-V</a>ehicle Reports 23.3% Revenue Increase, 41.9% Profit Growth in H1 2025; EPS Rises to RMB1.46 Cents

Huazhong In-Vehicle Holdings Co. Ltd. has announced its unaudited interim financial results for the six months ended June 30, 2025. The company reported a revenue of approximately RMB955.0 million, marking an increase of 23.3% compared to RMB774.6 million for the same period in 2024. The gross profit amounted to RMB261.3 million, up from RMB224.8 million in the previous year. Profit attributable to owners of the parent was approximately RMB25.9 million, reflecting a 41.9% increase from the RMB18.3 million reported for the same period in 2024. The gross profit margin declined slightly to 27.4% from 29.0% in the previous year. Basic earnings per share attributable to the owners of the parent increased to approximately RMB1.46 cents, compared to RMB1.03 cents in the first half of 2024. The Board has resolved not to declare any interim dividend for the six months ended June 30, 2025, consistent with the previous year. The company's revenue from Mainland China was RMB918.1 million, with overseas revenue contributing RMB37.0 million. Non-current assets in Mainland China were valued at RMB1,532.5 million, with overseas assets at RMB26.7 million.

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