YICHEN IND (01596) Issues Profit Alert, Anticipates FY2025 Consolidated Net Profit of Approximately RMB334 Million, Shifting from Loss to Profit

Stock News
03/13

YICHEN IND (01596) announced that the group is expected to achieve a consolidated net profit of approximately RMB334 million for the fiscal year ending December 31, 2025. This represents a turnaround from the consolidated net loss of approximately RMB57.7 million recorded in the previous fiscal year ending December 31, 2024. The board attributes the anticipated improvement in financial performance primarily to increased shipment volumes of the group's railway fastening system products and a decline in raw material procurement costs during the 2025 fiscal year. Consequently, the group's revenue rose from approximately RMB1.091 billion in fiscal 2024 to approximately RMB1.667 billion in fiscal 2025, an increase of approximately RMB576 million, or about 52.8%. The group's gross profit for fiscal 2025 increased by approximately RMB331 million, a growth of about 130.8%. These gains are consistent with the continued expansion of investment in China's railway infrastructure. According to data released by the China National Railway Administration, national railway fixed-asset investment completed in 2025 reached approximately RMB901.5 billion, a year-on-year increase of about 6.0%, with approximately 3,109 kilometers of new lines put into operation, including about 2,862 kilometers of high-speed rail.

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