XINDA INV HLDGS (01281) has announced its annual performance, with a net profit attributable to shareholders of 12.909 million yuan, turning losses into profits year-on-year.
Xinda Investment Holdings (01281) announced its annual performance as of December 31, 2025. The group recorded a profit of RMB 140 million, representing a year-on-year increase of 22.56%. The company's owners' share of profit was RMB 12.909 million, compared to a loss of RMB 24.418 million in the same period last year. Earnings per share were RMB 0.0087.
XINDA INV HLDGS (01281) announced its financial results for the year ended December 31, 2025. The group achieved a profit of RMB 140 million (in the same unit), representing a 22.56% increase compared to the previous year. The profit attributable to owners of the company was RMB 12.909 million, while in the same period last year, the company suffered a loss of RMB 24.418 million. Earnings per share were RMB 0.0087.
The announcement stated that the main reason for the turnaround from loss to profit was the recovery of impairment provisions made in previous years during the reporting period. The group recovered a total of approximately RMB 133.01 million in impairment provisions, including RMB 89.68 million through the disposal of investment properties, RMB 3.5 million through cash settlement, and RMB 8.33 million through the reversal of impairment losses on past due receivables. In contrast, in the same period last year, the group made impairment provisions totaling approximately RMB 51.975 million for a power plant asset and its accounts receivable.
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