Tongda Group subsidiary Tongda Smart Tech posts 8.7% revenue growth to RMB1.06 bn in 2025, profit slips 4.6%

Bulletin Express03-26

Tongda Group Holdings Limited disclosed the audited 2025 results of its 66.4%-owned subsidiary, Tongda Smart Tech (Xiamen) Company Limited (Tongda Chuang Zhi), prepared under PRC accounting standards.

Revenue performance • Revenue climbed 8.7% year on year to RMB1.06 billion, reflecting solid topline expansion compared with 2024’s RMB971.38 million.

Profitability • Profit before tax fell 8.0% to RMB105.89 million. • Net profit attributable to equity owners declined 4.6% to RMB98.24 million, indicating margin pressure despite higher sales.

Balance sheet snapshot • Total assets edged up 0.6% to RMB1.74 billion. • Total equity attributable to equity owners rose 1.8% to RMB1.38 billion, underscoring a modest strengthening of the capital base.

Dividend proposal The board of Tongda Smart Tech recommended a final dividend of RMB0.15 per share for 2025, subject to shareholder approval at the forthcoming AGM.

Scope note The disclosed figures cover only Tongda Smart Tech and its subsidiaries; they exclude intra-group eliminations and do not represent the consolidated performance of Tongda Group Holdings Limited.

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.

Comments

We need your insight to fill this gap
Leave a comment