5100 XIZANG (01115) announced its annual results for the period ended December 31, 2025. Revenue reached 358 million yuan, representing a year-on-year increase of 58.5%. Profit attributable to the company's owners was 86.239 million yuan, a significant turnaround from a loss of 574 million yuan in the same period last year. Basic earnings per share were 1.83 fen.
In 2025, the Group's overall gross profit margin was 50.1%, an increase of 23 percentage points compared to 2024. The gross profit margin for the water business segment was 50.9%, rising by 33.5 percentage points from 2024. This improvement was primarily due to higher selling prices and increased sales volume, which led to a reduction in allocated fixed costs.
The gross profit margin for the beer business segment was 49.0% in 2025, up by 16.2 percentage points compared to 2024. The growth in gross profit for the beer segment this year was mainly attributed to the recognition of licensing revenue.
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