ZK International Group Co. Ltd. reported unaudited financial results for the six months ended March 31, 2025. Revenue for the period was $40.00 million, a decrease of 24.37% from $52.89 million in the same period of the previous year. The company attributed the decline in revenue to decreased demand for piping products, primarily due to a slow recovery in the real estate market and reduced construction activity. Gross profit decreased by 34.63% to $2.19 million, compared to $3.35 million in the prior-year period. Gross margin was 5.47%, down from 6.33% a year earlier. The company cited lower sales volume and increased raw material costs, particularly for stainless steel, as contributing factors. The company reported a net loss of $0.80 million for the six months ended March 31, 2025, compared to a net loss of $0.48 million in the same period of the previous year. Loss from operations increased to $0.49 million from $0.16 million a year earlier. ZK International stated that challenging market conditions, including weakened investment momentum in construction and limited ability to adjust pricing, contributed to the reported results. No updates regarding business outlook or guidance were provided in the announcement.
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. ZK International Group Co. Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN85397) on September 29, 2025, and is solely responsible for the information contained therein.
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