Core Viewpoint - Xingda International (01899) reported a decline in revenue and total sales volume for the first half of 2025, attributed to reduced domestic market demand and increased competition in the radial tire steel cord industry [1] Financial Performance - Revenue for the first half of 2025 was 5.664 billion RMB, a year-on-year decrease of 8.1% [1] - Profit attributable to owners was 199 million RMB, reflecting a year-on-year increase of 3.5% [1] - Basic earnings per share were 10.37 cents [1] Sales Volume Analysis - Total sales volume decreased by 5.0% to 688,900 tons [1] - Sales volume of radial tire steel cord fell by 2.8% to 562,400 tons, accounting for 81.6% of total sales volume (compared to 79.8% in the first half of 2024) [1] - Sales volume of tire bead wire decreased by 17.3% to 68,600 tons, representing 10.0% of total sales volume (down from 11.5% in the first half of 2024) [1] - Sales volume of hose steel wire and other steel wires declined by 8.5% to 57,900 tons, making up 8.4% of total sales volume (compared to 8.7% in the first half of 2024) [1]
兴达国际(01899)发布中期业绩，股东应占溢利1.99亿元，同比增长3.5%