Lisi Group (Holdings) Ltd. has announced its audited consolidated results for the year ended 31 March 2025. The Group reported total revenue of RMB 2.68 billion, a slight decrease from the previous year's RMB 2.69 billion. Sales of goods contributed RMB 2.39 billion, while the rendering of services added RMB 230.98 million to the revenue. Investment income and rental income from operating leases were reported at RMB 26.83 million and RMB 38.85 million, respectively. The Group's gross profit was RMB 603.38 million, down from RMB 695.22 million the previous year. Other net income dropped significantly to RMB 28.58 million from RMB 156.33 million. Selling and distribution expenses and administrative expenses remained relatively stable at RMB 102.02 million and RMB 135.63 million, respectively. Finance costs decreased to RMB 29.70 million from RMB 37.05 million. Impairment losses on financial assets and contract assets increased to RMB 117.52 million from RMB 70.66 million, and impairment losses on property, plant, and equipment were reported at RMB 10.99 million, with no such losses in the previous year. No specific outlook or guidance for the upcoming period has been provided in the announcement.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.