SHINELONG (01930) Announces Annual Results: Attributable Profit to Shareholders Declines 5.8% to RMB 15.11 Million
Stock News
Mar 24
SHINELONG (01930) has released its annual results for the period ended December 31, 2025. The group reported revenue of RMB 301 million, representing an increase of 26.5% compared to the previous year. However, profit attributable to the company's owners was RMB 15.107 million, a decrease of 5.8% year-on-year. Basic earnings per share were 2.3 cents, and the company proposed a final dividend of 0.688 Hong Kong cents per share.
According to the announcement, the decline in profit was primarily due to a decrease in government grants and a loss on the disposal of assets during the period, which led to a reduction in other net income and gains. Additionally, increased general and administrative expenses also impacted the overall profitability.
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