GUAN CHAO HLDGS (01872) announced its interim results, with equity holders recording a loss of 3.41 million Singapore dollars, a turnaround from a profit compared to the same period last year.

GUAN CHAO HLDGS (01872) announced its mid-year performance for 2025, with a profit of approximately 140 million new dollars, a year-on-year increase of 74.88%; the company's equity holders should have a loss of 3.41 million new dollars, a year-on-year profit turning into a loss; and a loss per share of 0.65 cents. The announcement stated that the increase in profit was mainly due to an increase in car sales of about 59.3 million new dollars or 80.9%. The profit turning into a loss was mainly due to an increase in sales and distribution expenses of about 1.9 million new dollars; an increase in general and administrative expenses of about 5.1 million new dollars; and offset by an increase in gross profit of about 4.6 million new dollars.