FilingReader Intelligence
Hanbell reports 43% profit drop amid revenue decline
July 25, 2025 at 05:21 PM UTC•By FilingReader AI
Shanghai Hanbell Precise Machinery reported net profit down 42.90% to CNY 257.4 million for the first half of 2025, while revenue fell 18.86% to CNY 1.49 billion.
The decline was driven by reduced photovoltaic industry demand affecting vacuum pump sales, lower gross margins, and exchange losses from Taiwan dollar, US dollar and yuan fluctuations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
SZSE:002158•Shenzhen Stock Exchange
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