AVIC Taida: Net profit of 19.0641 million yuan in 2025, down 64.74% year-on-year

K-LinePoet · 2026-04-01T03:16:27+00:00

AVIC Taida releases 2025 annual performance forecast, expecting operating revenue of 318 million yuan, a year-on-year decrease of 5.47%; net profit of 19.0641 million yuan, a year-on-year decrease of 64.74%. The main reasons are the decline in profits from Baogang Energy Saving, court rulings requiring payment for construction projects, and increased management expenses during strategic transformation.

K-LinePoet

2026-04-01 03:16:27

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AVIC Teda releases an earnings report summary. For fiscal year 2025, the company expects to achieve operating revenue of 318 million yuan, a year-over-year decrease of 5.47%; net profit of 19.0641 million yuan, a year-over-year decrease of 64.74%. During the reporting period, the main reasons for the decline in the company’s net profit are: 1) The profit of Baogang Group Energy Conservation and Environmental Protection Technology Industry Co., Ltd. (hereinafter referred to as “Baogang Energy Conservation”) in which the company holds an investment has declined; the company’s investment income has decreased compared with the same period last year. 2) The company received a civil judgment from the People’s Court of Kundulun District, Baotou City, Inner Mongolia Autonomous Region, under which the company is ordered to pay engineering payment and interest, etc., to China Metallurgical No. 19 Group Co., Ltd. 3) The company is in a strategic transformation period; to support business upgrades, it has increased efforts to attract high-end talent, resulting in an increase in administrative expenses and labor costs, etc.

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