Billion Industrial's profit up 15% to RMB376.7m despite revenue dip

For the six months ended June 30, 2025, Billion Industrial Holdings Limited reported a profit of RMB376,692,000, a 15.0% increase from RMB327,465,000 in the first half of 2024. This growth was primarily attributed to a decrease in expenses. Gross profit also rose by 9.9% to RMB804,363,000. However, total revenue for the period decreased by 10.7% to RMB9,484,707,000 from RMB10,619,933,000 in the prior year.

The company's net current liabilities improved significantly, falling by 68.2% to RMB490,847,000 from RMB1,542,387,000. Cash and cash equivalents surged to RMB1,148,198,000 as of June 30, 2025, a 404.6% increase from RMB227,528,000 at the end of 2024. Earnings per share for the period were RMB0.18, up from RMB0.15.

The Group's designed capacity for domestic polyester filament yarns reached 2,726,400 tons per year, with BOPET thin films at 702,500 tons per year. Investment in polyamide business expansion is planned at RMB2,395,730,000 from 2025 to 2027, projecting 120,000 tons per annum in new facility production capacity from 2026.