Zhejiang Jingsheng Mechanical&Electrical Co.,Ltd. (300316.SZ) Reports First Half Results with Net Profit of 639 Million Yuan, Down 69.52%

Stock News08-22

Zhejiang Jingsheng Mechanical&Electrical Co.,Ltd. (300316.SZ) released its 2025 interim report, reporting operating revenue of 5.799 billion yuan, a year-on-year decrease of 42.85%. Net profit attributable to shareholders of the listed company reached 639 million yuan, declining 69.52% year-on-year. Net profit attributable to shareholders excluding non-recurring items totaled 536 million yuan, down 74.42% compared to the same period last year. Basic earnings per share stood at 0.49 yuan. Affected by the cyclical adjustment in the photovoltaic industry, the company's PV equipment and materials revenue and profitability declined year-on-year. Benefiting from the continued development of the semiconductor industry and accelerated domestic substitution, the company's semiconductor business maintained steady growth. As of June 30, 2025, the company had outstanding integrated circuit and compound semiconductor equipment contracts exceeding 3.7 billion yuan (including tax).

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