BRIEF: Newtrend’s first-half profit soars on strong sucralose sales
Sweetener maker Newtrend Group Holding Co. Ltd. (2573.HK) on Monday reported revenue of 335 million yuan ($47 million) for the first half of 2025, up 54.3% year-on-year. Its net profit…
BRIEF: Aux launches $461 million Hong Kong IPO
Air conditioning maker Aux Electric Co. Ltd. (2580.HK) launched its Hong Kong IPO on Monday, aiming to sell 207 million shares to raise up to HK$3.6 billion ($461 million). Shares…
BRIEF: Rising tax burden drags down Li Ning’s first-half profit
Sportswear maker Li Ning Co. Ltd. (2331.HK) announced on Thursday that its revenue for the first half of 2025 rose 3.3% year-on-year to 14.8 billion yuan ($2.06 billion), while its…
BRIEF: YTO’s first-half loss widens on slumping ocean, air freight
YTO International Express and Supply Chain Technology Ltd.(6123.HK) reported on Thursday its revenue slumped 52.5% year-on-year to HK$1.41 billion ($181million) in the first half of the year, while its loss…
BRIEF: Yatsen’s revenue rises 37% as color cosmetics return to growth
Cosmetics retailer Yatsen Holding Ltd. (YSG.US) said on Thursday its revenue rose 36.8% in the second quarter year-on-year to 1.09 billion yuan ($152 million), as a return to growth for…
BRIEF: Surging drug sales drive Hengrui Pharma’s profit growth
Pharmaceutical company Jiangsu Hengrui Pharmaceuticals Co. Ltd. (1276.HK; 600276.SH) saidon Wednesday that its revenue for the first half of 2025 reached 15.76 billion yuan ($2.19 billion), up 15.9% year-on-year. Its…
