NEW GONOW RV (00805) announces its interim performance. The net profit attributable to equity shareholders of the company decreased by 22.34% year-on-year to 30.7 million yuan.

date
31/08/2025
avatar
GMT Eight
Xinjiao Motorhome (00805) announced its mid-term performance in 2025, with revenue of approximately 412 million yuan, a year-on-year decrease of 2.4%.
NEW GONOW RV (00805) announced its mid-year performance for 2025, with revenue of approximately 412 million yuan, a decrease of 2.4% year-on-year. Gross profit was about 122 million yuan, a decrease of 9.9% year-on-year. Net profit attributable to equity shareholders of the company was 30.7 million yuan, a decrease of 22.34% year-on-year. Earnings per share were 0.03 yuan. The announcement stated that the decrease in revenue was mainly due to a decrease in RV sales. As of June 30, 2025, the group has 50 models of RVs, covering 9 different series of three distinctive brands: the best-selling mid-range brand Snowy River, the luxury brand Regent, and the semi-off-road brand NEWGEN. In the first half of 2025, total RV deliveries reached 1,367 units, a decrease of 4.2% compared to the same period in 2024. As of June 30, 2025, the RV backlog orders for Snowy River, Regent, and NEWGEN were 1,535 units, 17 units, and 61 units respectively, with contract values of 88,498,765.3 million Australian dollars, 1,108,581.2 million Australian dollars, and 3,428,319.7 million Australian dollars.