Minsheng Group (00425) announces its performance for 2025: Net profit attributable to owners is expected to increase by approximately 16.1% to HKD 2.692 billion, with an EPS of HKD 0.764.

Minshi Group (00425) announced its performance in 2025. The revenue increased by approximately 11.2% to around 25.737 billion yuan; gross profit increased by about 7.6% to around 7.207 billion yuan; the net profit attributable to owners of the company increased by about 16.1% to around 2.692 billion yuan; basic earnings per share were 2.348 yuan, and the final dividend per share was 0.764 yuan. Looking back at the previous year, the group's revenue in the Chinese market was approximately 9.405 billion yuan, a year-on-year increase of about 0.9%. Despite fluctuations in the industry affecting business with joint venture brand customers in the Chinese market, demand from Chinese brand customers was strong. The group actively participated in the rapid development of the automotive market in Shanxi Guoxin Energy Corporation, effectively offsetting downward pressure and ensuring the stability of overall revenue in the Chinese market. The group's international market revenue was approximately 16.332 billion yuan, a year-on-year increase of about 18.1%, mainly due to the group's successful grasp of the expanding European electric vehicle market. Leveraging local factory capacity layout and the rapid release of customer orders, the group effectively drove up overall revenue. In addition, the group's traditional product business in the American market maintained steady growth and continued to have strong competitiveness in localization and core products. The announcement stated that the growth in net profit was mainly due to the scale effect brought by the increase in revenue in the previous year, the continuous improvement in capacity utilization of the body structure product line, and cost reduction and efficiency improvement measures. In addition, strict cost control measures by the group further improved the quality of its profits.