Revenue for 1HFY2025 rose by 33.1% y-o-y to RMB156.7 million. This came on the back of a higher sales volume and sales revenue from fresh sweet potatoes, sweet potato processed products, and sweet potato seedlings. However, this was partially offset by one-off administrative expenses of approximately RMB8.7 million from the issuance of new shares to senior management under the Zixin Performance Share Plan; and the rights cum warrants issue within the period.
Zixin Group has recorded a net profit of RM7.8 million ($1.4 million) for 1HFY2025 ended September, reversing from its loss in the same period last year.
Earnings per share for the period stood at 0.54 RMB cents, as compared to a loss per share of 0.25 RMB cents for 1HFY2024.
