Swan Co.,Ltd. (603029.SH) Issues Positive Profit Forecast, Anticipates 0.98% to 15.40% Increase in 2025 Annual Net Profit

Stock News01-26

Swan Co.,Ltd. (603029.SH) has released its annual performance forecast for 2025, projecting a net profit attributable to the parent company's owners in the range of 70 million to 80 million yuan. This represents a year-on-year increase of 676,400 yuan to 10.6764 million yuan, translating to a growth rate of 0.98% to 15.40%. Throughout 2025, despite facing a severe landscape marked by ongoing domestic structural adjustments and intensifying industry competition, the company persistently implemented an innovation-driven development strategy. Focusing on both domestic and international markets, and adhering to a market strategy that combines deepening its domestic presence with achieving breakthroughs overseas, the company saw a substantial rise in the export of its cotton harvesting machinery compared to the previous year. Consequently, its core business revenue experienced significant year-on-year growth.

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