Shenzhou International reports record sales and profit in first half 2025

Shenzhou International Group Holdings Limited announced a strong performance for the six months ended June 30, 2025, with sales revenue reaching 14.97 bn yuan, a 15.3% increase from the prior year. Profit attributable to owners of the parent rose by 8.4% to 3.18 bn yuan, marking historical highs for the period. Gross profit increased by 7.9% to 4.06 bn yuan, though the gross profit margin decreased to 27.1% due to rising labor costs.

The company's growth was fueled by increased demand for sportswear (up 9.9% to 10.13 bn yuan) and casual wear (up 37.4% to 3.79 bn yuan), particularly in European and U.S. markets. Sales in the U.S. market surged by 35.8% to 2.55 bn yuan, while European sales increased by 19.9% to 3.03 bn yuan. Despite a 2.1% decline in the China domestic market, international sales climbed by 22.4%.

Shenzhou International continued its strategic expansion, with its Vietnam Second Fabric Factory nearing completion and a new garment factory in Cambodia commencing production. The company also improved its financial liquidity, reporting 10.32 bn yuan in cash and cash equivalents, though its gearing ratio increased to 39.8%. The board declared an interim dividend of HK$1.38 per share.