Fibocom Wireless Inc. (00638) announced its annual performance, with a net profit attributable to the parent company of 347 million yuan, a decrease of 48.05% year-on-year.

Fibocom Wireless Inc. (00638) announced its annual performance for the year ending December 31, 2025, with operating income of 6.988 billion yuan, a decrease of 14.67% year-on-year; net profit attributable to the company's shareholders was 347 million yuan, a decrease of 48.05% year-on-year; basic earnings per share were 0.44 yuan. The company plans to distribute a cash dividend of 2.34 yuan (including tax) per 10 shares. The announcement stated that the decrease in annual profit was mainly due to the sale of the Ralink wireless car-mounted pre-installation business. Excluding the Ralink wireless car-mounted pre-installation business, the year-on-year decrease was 18.26%, mainly due to changes in product structure and a rise in material procurement prices leading to a decrease in gross profit.