X.J. Electrics expects FY2025 net profit of RMB50-53 million, down 62-64%

Reuters

03/13

X.J. Electrics expects FY2025 net profit of RMB50-53 million, down 62-64%

X.J. Electrics (Hu Bei) expects FY2025 net profit of RMB50-53 million, down 62-64% from RMB140.43 million in FY2024. The company cited weaker demand in its traditional U.S. small home appliance market amid U.S. tariff escalation, alongside a 3.3% YoY decline to RMB688.85 billion in China’s 2025 household electrical appliance export value. It also attributed the profit drop to higher integrated production costs during the 2025 ramp-up of its Indonesia and Thailand production bases and a less favorable product mix. The company said it moved from a foreign exchange gain in 2024 to a foreign exchange loss in 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. X.J. Electrics (Hu Bei) Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260313-12051363), on March 13, 2026, and is solely responsible for the information contained therein.

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It also attributed the profit drop to higher integrated production costs during the 2025 ramp-up of its Indonesia and Thailand production bases and a less favorable product mix. The company said it moved from a foreign exchange gain in 2024 to a foreign exchange loss in 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. X.J. Electrics (Hu Bei) Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. 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Electrics expects FY2025 net profit of RMB50-53 million, down 62-64%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2026-03-13 17:29</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      X.J. Electrics expects FY2025 net profit of RMB50-53 million, down 62-64%\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        X.J. Electrics (Hu Bei) expects FY2025 net profit of RMB50-53 million, down 62-64% from RMB140.43 million in FY2024. The company cited weaker demand in its traditional U.S. small home appliance market amid U.S. tariff escalation, alongside a 3.3% YoY decline to RMB688.85 billion in China’s 2025 household electrical appliance export value. It also attributed the profit drop to higher integrated production costs during the 2025 ramp-up of its Indonesia and Thailand production bases and a less favorable product mix. The company said it moved from a foreign exchange gain in 2024 to a foreign exchange loss in 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. X.J. Electrics (Hu Bei) Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260313-12051363), on March 13, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02619","symbol_name":"香江電器","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260313:nNDLc0mskn:1","article_id":"2619364198","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2619364198","pubTimestamp":1773394199,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"X.J. 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