CONCH MAT TECH (02560) announced its annual performance, with a net profit attributable to shareholders of 109 million yuan, a decrease of 12.95% year-on-year.

CONCH MAT TECH (02560) released its annual results for the year ending December 31, 2025. The group achieved a revenue of RMB 2.314 billion, a decrease of 2.93% compared to the previous year. The net profit attributable to equity shareholders of the company was RMB 109 million, a decrease of 12.95% year-on-year. Earnings per share were RMB 0.19, and a final dividend of RMB 0.16 per share is proposed. During the reporting period, the group's research and development costs were RMB 43.08 million, a decrease of RMB 11.92 million or 21.67% compared to the same period last year. This was mainly due to the industrialization of some key research projects and the advancement of the research and development project queue. With the basic realization of industrialization goals for core projects such as solid water reducing agents, viscosity-reducing agents, and early-strength water reducers, as well as the successful completion of 10 projects including powder hexavalent chromium reducing agents, magnesium phosphate repair mortar, and EC key technologies, combined with some new projects still in the preliminary research stage, research and development investment is in a stage of consolidation.