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勋龙(01930.HK)上半年拥有人应占溢利约830万元 同比增加约13.6%

Core Viewpoint - The company reported a slight increase in revenue for the first half of 2025, primarily driven by sales of automotive molds, despite a decrease in revenue from electrical molds [1] Financial Performance - Revenue for the six months ending June 30, 2025, was approximately RMB 118.2 million, reflecting a year-on-year increase of about RMB 0.4 million or 0.3% [1] - Profit attributable to the owners for the first half of 2025 was approximately RMB 8.3 million, representing a year-on-year increase of about 13.6% [1] Factors Influencing Performance - The increase in profit was mainly due to: - Higher revenue from a major customer with a relatively high gross margin compared to other automotive mold clients, leading to increased gross profit from automotive molds [1] - Absence of equipment relocation costs that were recorded in the first half of 2024 due to factory relocation [1] - Increased provision for impairment of finished goods inventory for automotive molds [1] - Decrease in government subsidies and losses from asset disposals, which reduced other income and net gains [1] - Reduction in selling and distribution expenses [1]