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Zhongxin Fruit and Juice records $4m net profit in HY2025
However, the gross profit margin decreased to 16.3% from 18.4%.
Zhongxin Fruit and Juice Limited recorded a profit after taxation of $4m (RMB21.8m) in HY 2025 from $537k (RMB2.9m) in HY 2024.
According to a bourse filing, the group recorded higher gross profit in HY 2025, driven by the significant increase in sales.
However, the gross profit margin decreased to 16.3% in HY 2025 from 18.4% in HY 2024 due to lower average selling prices of concentrated fruit juices and fructose.
Moreover, Zhongxin achieved an 188% growth in revenue, rising to $31.1m (RMB168.1m) in HY 2025 from $10.8m (RMB58.4m) in HY 2024.
The increase in revenue was attributed to the increase in purchasing activity from the end customers, which could be attributable to such customers looking to increase their inventory holding levels to maintain a stable supply chain.
($1 = RMB5.40)