BEIJING ENT(00392) announced its annual performance with a net profit attributable to shareholders of 5.56 billion yuan, a decrease of 1.31% year-on-year. The core business maintains a leading position in the industry.

BEIJING ENT (00392) released its annual performance for the year ending December 31, 2025. The company achieved operating revenue of 87.228 billion yuan, a year-on-year increase of 3.76%; net profit attributable to shareholders was 5.056 billion yuan, a year-on-year decrease of 1.31%; basic earnings per share were 4.02 yuan. It is proposed to distribute a final dividend of 0.77 Hong Kong cents per share. The announcement stated that in 2025, the company aimed for stable progress, worked together with member enterprises, continuously improved operational resilience in a complex and changing macro environment, maintained its leading position in core business, further optimized its capital structure, and continuously improved its ESG performance, laying a solid foundation for high-quality development. The main highlights of the year are as follows: Beijing Gas accurately grasped the opportunity in LNG trading and resale, with its trading scale ranking among the top two in the country, actively expanding into the East and South China markets, and continuously increasing its distribution scale. Beijing Enterprises Water Group has maintained positive free cash flow for four consecutive years, steadily improving its operational quality and consolidating its leading position in the industry. Beijing Enterprises Environment Group continues to strengthen refined operation, expand diversified businesses, and promote stable growth. EEW GmbH continuously improves its operational efficiency through power price locking and dynamic tariff optimization to hedge energy fluctuations. Beijing Yanjing Brewery's core product U8 has achieved rapid growth, with revenue from medium to high-end products accounting for over 70%, and its profitability continues to improve. In 2025, through active debt management, low-cost domestic and overseas financing, and cross-currency swaps for hedging, the company's interest expenses at the headquarters decreased by more than 200 million yuan compared to the previous year, further improving financial efficiency.