Haier Biomedical Reports 31.6% Decline in 2025 Net Profit Attributable to Owners

Stock News02-27

Qingdao Haier Biomedical Co.,Ltd. (688139.SH) has released its preliminary financial results for the year 2025. The company achieved operating revenue of 2.33 billion yuan, representing a year-on-year increase of 2.0%. However, net profit attributable to owners of the parent company was 250 million yuan, marking a decrease of 31.6% compared to the previous year.

In 2025, the company's overseas revenue reached 840 million yuan, a significant increase of 17.9% year-on-year. This segment's contribution to the company's primary business revenue reached a new high of 36%, up by 5 percentage points from 2024. Growth was observed across all regions: Europe grew by 16.0%, the Asia-Pacific region by 26.0%, the Americas by 12.2%, and Africa by 17.8%.

Conversely, domestic revenue for 2025 was 1.47 billion yuan, a decline of 5.5% compared to the previous year. Revenue from new industries accounted for 48.5% of the total, with a growth rate of 8.8%. The low-temperature storage industry segment contributed 51.5% of revenue, experiencing a decline of 3.9% year-on-year. Following a return to positive growth in the third quarter, the growth rate accelerated in the fourth quarter, indicating a gradual recovery from the bottom.

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