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An update from Xinchen China Power Holdings Ltd. ( (HK:1148) ) is now available.
Xinchen China Power Holdings Limited reported its unaudited interim financial results for the six months ending June 30, 2025. The company saw a revenue increase to RMB 2,804,434,000 from RMB 2,619,532,000 in the same period of 2024, with a gross profit of RMB 132,388,000. Despite the revenue growth, the profit for the period decreased to RMB 16,493,000 from RMB 22,125,000, attributed to higher administrative expenses and finance costs. The results indicate a challenging period for the company, impacting its profitability despite increased sales.
More about Xinchen China Power Holdings Ltd.
Xinchen China Power Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the power industry. The company focuses on the development and manufacturing of power-related products and services.
YTD Price Performance: 36.52%
Average Trading Volume: 692,228
Technical Sentiment Signal: Buy
Current Market Cap: HK$315.4M
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