Dechang Group: Net profit is expected to decrease by 60.4% in 2025, and a dividend of 2.8 yuan per 10 shares will be issued.

Dechang Corporation disclosed its annual report on April 24th, achieving an operating income of 4.497 billion yuan in 2025, a year-on-year increase of 9.81%; net profit attributable to shareholders was 163 million yuan, a year-on-year decrease of 60.4%; basic earnings per share were 0.34 yuan. The company plans to distribute a cash dividend of 2.8 yuan for every 10 shares. During the reporting period, the pressure on net profit was mainly affected by the following comprehensive factors: 1. Increase in costs due to the impact of US market tariff policies and downward pressure on prices in the home appliance industry. 2. Increase in scale development expenses. 3. Decrease in exchange gains and interest income. 4. Provision for inventory depreciation of 35.1232 million yuan, an increase of 24.2138 million yuan compared to the same period last year.