ELATE HOLDINGS (00076) announced its financial results for the fiscal year ended December 31, 2025. The Group recorded revenue of $132.5 million, representing a decrease of 69.26% compared to the previous year. The company's owner attributable loss was $14.622 million, a significant shift from the profit of $40.302 million achieved in the same period last year. The loss per share was 3.54 US cents.
The company identified persistent geopolitical tensions and strategic trade actions as primary risks facing the graphite industry. However, it also noted that rapid growth in the electric vehicle, robotics, and artificial intelligence sectors presents new opportunities for the industry. During 2025, the company undertook a fundamental transformation of its graphite business, exploring a platform-based transaction model and actively expanding into industry opportunities. While the graphite sector in 2026 presents a mix of risks and opportunities, the company maintains a cautiously optimistic outlook on the overall market.