Tong Ren Tang Technologies reports revenue, profit decline in first half 2025

For the six months ended 30 June 2025, Tong Ren Tang Technologies Co. Ltd. reported revenue of RMB3,738,503,000, a 7.69% decrease from RMB4,050,094,000 in the corresponding period of 2024. Profit attributable to owners of the company also saw a significant drop of 21.01%, settling at RMB338,667,000 compared to RMB428,752,000 in the prior year. Earnings per share for the period were RMB0.26.

The group's net profit for the period decreased by 16.95% to RMB484,030,000 from RMB582,784,000 in the first half of 2024. The board has not declared an interim dividend for the six months ended 30 June 2025. The company's total assets as of 30 June 2025 stood at RMB14,541,925,000, a slight increase from RMB14,408,591,000 at 31 December 2024.

The decline in revenue and net profit was attributed mainly to the deepening of market reform, accelerated turnover of market inventory, and optimization of the inventory structure. Despite the financial dip, the company maintained a sound financial position, with cash and cash equivalents totaling RMB4,781,018,000.