SHENGUAN HLDGS (00829) announced the financial performance for 2025. The net loss attributable to the owners of the company was 69.773 million yuan, a decrease from a profit in the same period last year.

SHENGUAN HLDGS (00829) announced its performance for the year 2025, with revenue of approximately 1.023 billion yuan, a year-on-year growth of 0.6%. The attributable loss to the parent company's owners was 69.773 million yuan, a year-on-year turnaround from profit to loss. Loss per share was 2.2 cents. The gross profit margin decreased from about 16.8% in the previous year to about 10.2% in the current year. If factors such as inventory write-off and provisions or reversals are excluded, the gross profit margin decreased from 18.9% in the previous year to about 14.8% in the current year. In addition to the increase in inventory write-off and provision factors, as downstream customers continue to increase their sales of the six major series of new products, the group needs to implement accelerated sales policies for old technology products and finished products related to new product trials of previous years, leading to a decrease in gross profit margin.