Core Viewpoint - Xinjing Holdings (01571) reported a decline in revenue and profit for the first half of 2025, primarily due to the volatile trade environment in the global automotive industry, particularly influenced by U.S. trade tariffs [1] Financial Performance - Revenue for the first half of 2025 was approximately 1.557 billion RMB, a decrease of 5.42% compared to the same period in 2024 [1] - Profit attributable to the parent company was about 242 million RMB, down 24.97% year-on-year [1] - Basic earnings per share were 24.1 cents, with an interim dividend of 20 Hong Kong cents per share [1] Factors Influencing Performance - The decline in revenue was attributed to the impact of the fluctuating trade environment in the global automotive sector, particularly due to U.S. trade tariffs [1] - Gross profit decreased from approximately 615 million RMB in the first half of 2024 to about 486 million RMB in the first half of 2025, influenced by rising employee costs, increased logistics expenses, and a decline in operational efficiency [1] - Other income and gains increased due to foreign exchange gains in the first half of 2025 [1] - The effective tax rate for the first half of 2025 was lower than that of the same period in 2024, as there were no dividend withholding taxes incurred in 2025, unlike the 20 million RMB withholding tax paid in 2024 [1]
信邦控股公布中期业绩 母公司拥有人应占溢利约2.42亿元 同比减少24.97%