SHENGLONG INTL (08481) announces its interim results with a net profit attributable to shareholders of 19.95 million yuan, representing a year-on-year increase of 31.85%.
Shenglong Jinxiu International (08481) announced its performance for the six-month period ending June 30, 2025, during which the group achieved revenue...
SHENGLONG INTL (08481) releases its performance for the six months ended June 30, 2025. The group achieved a profit of 271 million yuan, an increase of 3.8% compared to the same period last year. The attributable profit to shareholders of the company was 199.54 million yuan, an increase of 31.85% compared to the same period last year. Earnings per share were 4.47 cents.
The increase in the group's profit was driven by the growth in overseas and Chinese markets. Revenue from overseas markets increased by approximately 7.2% compared to the corresponding period, mainly due to increased demand from the United Arab Emirates, India, and other overseas markets. Demand from Chinese customers remained stable and increased slightly by about 2.2% compared to the corresponding period. The increase in revenue in this period was mainly due to increased sales of decorative paper, melamine impregnated paper, and PVC flooring film.
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