Seazen Holdings sees significant declines in mid-year financial performance

Seazen Holdings experienced a notable decrease in its principal financial data for the six months ended June 30, 2025. Operating revenue fell by 34.82% to 22.1 bn yuan from 33.9 bn yuan in the corresponding period of 2024. Net profit attributable to shareholders also declined significantly, dropping 32.11% to 894.86m yuan. Basic and diluted earnings per share were both 0.40 yuan, a 31.03% decrease from 0.58 yuan in the previous year.

The company's total assets decreased by 6.14% to 288.33 bn yuan as of June 30, 2025, compared to 307.19 bn yuan at the end of 2024. Net cash flow from operating activities saw a sharp decline of 86.31%, falling to 285.84m yuan from 2.09 bn yuan in the prior year's period. The weighted average return on net assets also decreased by 0.71 percentage points, settling at 1.46%.