Anhui Conch Material Technology (2560) H2 2025 earnings summary

Executive summary

• FY25 revenue fell 2.93% YoY to RMB2,314.26m; profit attributable to equity shareholders declined 12.95% to RMB109.37m, amid weak construction and property demand.

• H-share IPO completed in January 2025; issued share capital increased to RMB579.894m. Proposed final dividend: RMB0.16 per share, versus RMB0.17 for 2024.

Financial highlights

• Revenue was RMB2,314.26m, down 2.93% YoY; cost of sales fell 1.58% to RMB1,894.09m.

• Gross profit declined 8.59% to RMB420.17m; operating profit was RMB178.67m versus RMB206.66m.

• Profit before tax fell 13.90% to RMB155.14m; profit for the year fell 11.36% to RMB131.08m.

• Profit attributable to equity shareholders was RMB109.37m versus RMB125.64m; basic and diluted EPS was RMB0.19 versus RMB0.29.

Outlook and guidance

• Priorities include growing revenue and profitability, expanding domestic sales channels, promoting new admixture products, and developing epoxy fine chemicals.

• International plans include expanding sales in the Middle East, North Africa and South America, and increasing output from Tashkent and Indonesia facilities.

• Continue customer credit controls and overdue-payment collection; proceed with production, automation and R&D projects funded by IPO proceeds.