Workflow
西藏水资源(01115.HK)上半年总收入1.69亿元 同比上升21.4%

Core Insights - The company reported a total revenue of RMB 169 million for the first half of 2025, representing a year-on-year increase of 21.4% [1] - The water business segment generated revenue of RMB 118 million, showing a significant year-on-year increase of 117.6% [1] - The beer business segment's revenue was RMB 50 million, reflecting a year-on-year decline of 39.9% [1] Financial Performance - The overall gross profit margin for the company in the first half of 2025 was 44.4%, an increase of 23.3 percentage points compared to the first half of 2024 [1] - The gross profit margin for the water business segment was 55.3%, up by 35.9 percentage points year-on-year, attributed to increased sales prices and volume, which reduced fixed costs allocation [1] - The beer business segment's gross profit margin was 18.8%, down by 2.4 percentage points year-on-year, primarily due to a decrease in sales prices [1] - The semi-annual profit for the company was RMB 36 million, compared to RMB 9 million in the first half of 2024 [1]