Shanghai Qingpu Fire-Fighting Equipment Co., Ltd. (8115) reported its unaudited consolidated results for the nine months ended 30 September 2025, registering revenue of RMB65.68 million, up approximately 5% from the same period last year. Growth was boosted by stronger sales of marine fire-fighting equipment and stable contributions from sales of pressure vessels and aquarium products.
During the period, cost of sales stood at RMB44.22 million, broadly aligning with the previous year. Gross profit came in at RMB21.46 million, with a margin of roughly 33%, compared with 29% for the same period of 2024, reflecting improved cost controls and product mix. Other income and gains totaled RMB1.38 million, primarily affected by lower realized gains on financial instruments compared to the prior year.
Administrative expenses reached RMB13.75 million, up notably from RMB8.10 million previously, as legal and professional costs rose in connection with an ongoing acquisition. As a result, net profit declined to RMB5.71 million from RMB8.40 million in the same period of 2024. Profit attributable to owners of the company was RMB4.05 million, translating into basic earnings per share of 2.16 RMB cents.
Management decided not to renew the expiring manufacturing licenses for certain fire extinguisher and pressure cylinder products, opting to subcontract production to qualified partners. This strategic move aims to reduce overhead and environmental compliance expenses while ensuring steady supply. Meanwhile, the planned acquisition of Qingda Oriental Fire Fighting Technology Group is under review, with integration conditions pending regulatory and other approvals.
The board did not propose any dividend for the reporting period. Looking ahead, the group intends to leverage outsourcing efficiencies and new acquisition opportunities to strengthen its market position, while continuing to monitor market conditions and cost efficiencies to support sustainable growth and enhance shareholder value.