Ke Hua Heng Sheng to boost working capital after profit growth
Ke Hua Heng Sheng's semi-annual financial report for 2025 shows a 0.06% increase in operating revenue to 3,732,695,220.08 yuan and a 7.94% rise in net profit attributable to shareholders to 243,539,408.57 yuan. To enhance capital efficiency and reduce financial costs, the company plans to use up to 800 million yuan of idle convertible bond proceeds to temporarily supplement working capital for a period not exceeding 12 months. This decision is not expected to impact the normal progress of investment projects.
The company is also setting aside 98,005,441.09 yuan for asset impairment provisions. Furthermore, Ke Hua Heng Sheng has repurchased 27,190.90 million yuan in fixed-income principal-protected wealth management products with idle funds. The company confirmed that all previously borrowed funds for temporary working capital replenishment have been fully repaid as of August 28, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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