NEO-NEON (01868) announced a net profit attributable to shareholders of 7.247 million yuan for 2025, a decrease of 80.51% year-on-year.
Tongfang Friends (01868) announced its performance for 2025, with revenue of approximately 751 million yuan, an increase of 0.6% compared to the previous year. The company's net profit attributable to shareholders was 7.247 million yuan, a decrease of 80.51% year-on-year; earnings per share were 0.35 cents.
NEO-NEON (01868) announced its performance for 2025, with revenue of approximately 751 million yuan, a year-on-year increase of 0.6%; the company's net profit attributable to shareholders was 7.247 million yuan, a year-on-year decrease of 80.51%; earnings per share were 0.35 cents.
The announcement stated that the increase in revenue was mainly due to the company's enhanced market promotion strategies and adjustments in product prices resulting in an increase in orders, leading to the growth in revenue. The decrease in net profit was mainly due to (1) the rise in tariffs and freight expenses leading to an increase in sales costs, resulting in a decrease in gross profit compared to the previous fiscal year; and (2) in the current fiscal year, there was a downward trend in the fair value measurement and its fluctuations of financial assets included in profit or loss, leading to an increase in impairment provision compared to the previous fiscal year.
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