SKYWORTH GROUP (00751) announced its financial results for 2025. Total revenue reached RMB70.324 billion, marking an 8.2% increase year-on-year. However, profit attributable to equity holders of the company was RMB356 million, a decrease of 37.3% compared to the previous year. Earnings per share stood at 17.79 fen.

The overall gross profit margin for 2025 was 12.8%, down by 0.7 percentage points from 13.5% in the prior year. During the reporting period, the narrowing gross profit margin in the modern services business segment contributed to a decline in the group's overall gross profit. Additionally, raw material costs for the home appliance industry increased due to global supply chain constraints and US tariff policies. Rising costs for specific materials, such as steel and electronic components, also exerted pressure on the group's overall gross margin.

On the other hand, while the new energy business introduced more financing partners and optimized its cooperation models to improve its gross margin during the year, its lower gross margin compared to the traditional home appliance business diluted the group's overall gross profit margin, even as it served as a primary driver for sustained revenue growth.

The group will continue to advance refined operational management. It plans to employ various comprehensive measures, such as appropriately adjusting business portfolio weightings, focusing on sales of its own brands and the high-end product market, to enhance product gross margins, reduce operating costs, and ensure the healthy functioning of the enterprise.