AnAn International (Y35) H1 2025 earnings summary

Executive summary

• H1 2025 revenue rose 4% YoY to US$1.176bn; gross profit increased 32% to US$51.86m and the period returned to net profit of US$1.14m from a US$6.24m loss.

• Higher sales volumes and improved gross margin supported earnings; operating cash flow reached US$73.83m, primarily reflecting lower inventories and higher payables.

Financial highlights

• Revenue was US$1,175.54m (+4% YoY) and cost of sales US$1,123.68m (+3%); gross profit was US$51.86m (+32%).

• Other income rose to US$3.81m from US$0.86m, mainly on higher interest income and other income collected from customers.

• Profit before tax was US$2.19m versus a US$9.58m loss; net profit was US$1.14m versus a US$6.24m loss.

• Profit attributable to owners was US$0.287m; basic and diluted EPS were both 0.007 US cents, versus a loss of 0.077 US cents in H1 2024.

Outlook and guidance

• Dyneff plans to preserve oil-distribution market privileges and its stable customer base while diversifying energy distribution and pursuing organic and acquisition-led growth.

• Strategy aims to evolve from oil distribution toward energy services; a cautious approach will continue amid economic uncertainty.