Acotec Scientific (HKG:6669) recorded a 128% rise in attributable profit for the year 2025 to 119.2 million yuan from 52.3 million yuan a year prior, according to a Thursday Hong Kong bourse filing.
Shares of the electric car solutions provider were up 7% in Friday afternoon trading.
Earnings per share stood at 0.39 yuan, an increase from 0.17 yuan in the previous fiscal year.
Revenue increased 21% to 644.6 million yuan from 534 million yuan in the year-ago period.
The higher profit came about amid a rise in revenue, cost optimization, and an improvement in operational efficiency.