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New Gonow RV: Revenue up 0.8%, net profit down 28.9%

13.05.2026 04:09 1 min 2 sources
m.sohu.com ZHO + 1 more
New Gonow RV: Revenue up 0.8%, net profit down 28.9%
© news.qq.com

On April 30, New Gonow RV (00805.HK) published its 2025 annual report after nearly a month of suspended trading. The company's revenue was 871 million yuan, up 0.8% from 2024, but net profit attributable to shareholders dropped 28.9% to 30.82 million yuan. Gross margin declined from 31.1% to 27.2%.

Reasons for the decline

The company attributed the downturn to macroeconomic instability, a slowdown in the RV market, the launch of new hybrid off-road models, and increased spending on expanding its own stores. The audit was delayed due to complexities in verifying overseas subsidiaries: the Australian and New Zealand subsidiary Regent posted a net loss of about 9.2 million yuan.

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Story sources

New Gonow RV Reports 2025 Annual Results: Net Profit Down 28.9%

07.05.2026 m.sohu.com ZHO

New Gonow RV Reports 28.9% Net Profit Drop After Trading Halt

07.05.2026 news.qq.com ZHO

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Updated: 11.05.2026

Diesel

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