天工国际发布中期业绩，股东应占溢利 2.04 亿元，同比增长 10.4%
TIANGONG INT'L released its interim results for the period ending June 30, 2025, with a revenue of 2.3425 billion yuan, a year-on-year decrease of 7.1%; the profit attributable to shareholders was 204 million yuan, a year-on-year increase of 10.4%. The basic earnings per share were 0.075 yuan, and an interim dividend of 0.0262 yuan is proposed. The gross margins for mold steel and high-speed steel both increased, reaching 13.8% and 15.6%, respectively. In addition, the company's subsidiary, TIANGONG Co., Ltd., successfully listed on the Beijing Stock Exchange on May 13, 2025, becoming the first red-chip Hong Kong stock subsidiary to be spun off and listed on the A-share market, indicating the capital market's optimism about its prospects
According to the Zhitong Finance APP, TIANGONG INT'L (00826) announced its performance for the six months ending June 30, 2025, with a revenue of RMB 2.3425 billion, a year-on-year decrease of 7.1%; the profit attributable to equity holders of the company was RMB 204 million, a year-on-year increase of 10.4%; basic earnings per share were RMB 0.075, and an interim dividend of RMB 0.0262 per share is proposed.
The gross margin of tool steel increased from 13.3% in the first half of 2024 to 13.8% in the first half of 2025. The main reason for this is the recovery of domestic industry, which allowed procurement costs to be smoothly passed on to customers. The increase in raw material costs, combined with the successful transfer of procurement costs, contributed to the growth in gross margin.
A similar situation was observed in the high-speed steel business, where the overall gross margin of high-speed steel rose from 14.1% in the first half of 2024 to 15.6% in the first half of 2025.
During the review period, the company's subsidiary, TIANGONG Co., successfully listed on the Beijing Stock Exchange on May 13, 2025, becoming the first red-chip Hong Kong stock to spin off its subsidiary for listing on the A-share market, with strategic investments locked in for the long term, indicating that the capital market is optimistic about TIANGONG Co.'s penetration in high-end materials and consumer electronics, marking an important step in the group's capital operations
