Nexteer Automotive's Profit Surges 65% in 2025; Dividend Declared

MT Newswires Live

03/24

Nexteer Automotive Group (HKG:1316) recorded a 65% rise in attributable profit for the year 2025 to $102 million from $61.7 million a year prior, according to a Tuesday Hong Kong bourse filing.

The automotive parts maker's earnings per share jumped to $0.041 from $0.025 in the corresponding period of the previous fiscal year.

Revenue rose 7.2% to $4.58 billion from $4.28 billion in the prior-year period.

The firm recommended a final dividend of $0.0183 per share for the year, payable July 9 to shareholders of record on June 29, subject to shareholder approval.

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