Core Viewpoint - China Graphite (02237.HK) reported a total revenue of approximately RMB 39.8 million for the first half of 2025, reflecting a year-on-year increase of 9.3% [1] Revenue Breakdown - Revenue from the sale of spherical graphite and by-products was approximately RMB 4.8 million, showing a year-on-year decline of 52.9% [1] - Revenue from the sale of flake graphite concentrate reached approximately RMB 30.3 million, marking a year-on-year increase of 20.7% [1] - Sales of unprocessed marble contributed approximately RMB 4.6 million to the total revenue for the first half of 2025 [1] Profitability Metrics - The group achieved a gross profit of approximately RMB 6 million, representing a year-on-year increase of 106.9% [1] - The gross margin stood at 15.0%, which is an increase of 7.0 percentage points year-on-year [1] - The company recorded a net loss of approximately RMB 11.9 million, an improvement compared to a net loss of approximately RMB 16.2 million in the same period last year [1]