August 22, 2025: Q2 2025 Results Net revenue: up +40.3% to ¥880.0 million (US$122.8 million), up +8.9% on sequential basis Gross margin: up +2.3pp to 27.5%, driven by due to a favorable change in revenue mix and margin improvement in select Asian countries (gross profit up +53.3% to ¥242.1 million)...
China Tobacco International
August 2025: H1 2025 Results1 China Tobacco International (CTI) reported both revenue growth and improved profitability in H1 2025 despite margin pressure in certain segments. Revenue for the period rose 18.5% year-on-year to HK$10.32 billion, compared to HK$8.70 billion in the same period last year. Cost of sales increased faster,...

