Fu Shou Yuan reports sharp decline in half-year revenue, swings to loss

Fu Shou Yuan International Group Limited reported revenue of RMB610.9 million for the six months ended June 30, 2025, a decrease of 44.5% from RMB1,100.0 million in the same period last year. The company recorded a loss attributable to owners of RMB261.4 million, a notable shift from the RMB298.8 million profit reported in the prior year's period, representing a 187.5% decrease. Basic loss per share was RMB cents (11.5) compared to basic earnings per share of RMB cents 13.2 in 2024. The board has proposed an interim dividend of HK$7.00 cents per share for 2025.

Operating profit for the period also saw a significant decline, falling to a loss of RMB229.2 million from a profit of RMB512.2 million year-over-year. This was largely influenced by an increase in operating expenditure by RMB252.3 million, which included RMB217.6 million in impairment losses on property, equipment, intangible assets, cemetery assets, and goodwill. Net cash generated from operating activities decreased to RMB56.9 million from RMB338.6 million in the previous period.