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Zhongsheng Group Reports 36% Drop in H1 Profit Due to Weak Car Sales Volume
ByAinvest
Thursday, Aug 28, 2025 4:30 am ET1min read
Zhongsheng Group Holdings reported a 36% decline in profit attributable to owners to RMB 1.01 billion in H1 due to lower revenue, which fell 6.2% to RMB 77.32 billion. The earnings per share also dropped 35.5% to RMB 0.43. New car sales volume decreased 1.7% to 228,649 units, while pre-owned automobile trade volume rose 9.6% to 111,244 units. The shares were trading 0.60% higher in Hong Kong.
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