Core Viewpoint - Xinghe Holdings (01891) reported a decline in revenue and profit for the first half of 2025, primarily due to a decrease in sales volume and average selling price of black scrap metal [1] Financial Performance - Revenue for the first half of 2025 was 725 million MYR, representing a year-on-year decrease of 16.2% [1] - Gross profit amounted to 61.7 million MYR, showing a slight decrease of 0.2% year-on-year [1] - Profit attributable to shareholders was 8.5 million MYR, reflecting a significant year-on-year decline of 26.0% [1] Industry Trends - The decrease in revenue is attributed to current industry trends, specifically the decline in sales volume and average selling price of black scrap metal [1] - The pressure on gross profit margin is linked to the reduction in revenue and the drop in average selling price of black scrap metal [1]

Core Viewpoint - Xinghe Holdings (01891) reported a decline in revenue and profit for the first half of 2025, primarily due to a decrease in sales volume and average selling prices of black scrap metal [1] Financial Performance - Revenue for the first half of 2025 was 725 million MYR, representing a year-on-year decrease of 16.2% [1] - Gross profit amounted to 61.7 million MYR, showing a slight decrease of 0.2% year-on-year [1] - Profit attributable to the company's owners was 8.5 million MYR, down 26.0% compared to the previous year [1] Industry Trends - The decline in revenue is attributed to current industry trends, specifically a drop in sales volume and average selling prices of black scrap metal [1] - The pressure on gross profit margin is linked to the decrease in revenue and the continued decline in average selling prices of black scrap metal [1]