CLIFFORDML (03686) announced its financial results for the year 2025. Revenue from customer contracts amounted to approximately 320 million yuan, representing a decrease of 12.8% compared to the previous year. Net profit was approximately 285 million yuan, marking a significant increase of 191.8% year-on-year. Earnings per share were 0.28 yuan, and the company proposed a final dividend of 9.5 HK cents per ordinary share.

During the review period, the gross profit margin improved from 46.1% to 51.9%. The net profit margin increased from 26.5% to 88.9%, equivalent to a year-on-year surge of approximately 235.5%. The substantial increase in net profit was primarily attributable to a considerable fair value gain on investments in unallocated silver bars recorded for the year ended December 31, 2025.