Ningbo Tuopu Group Reports 2025 Financial Results with Net Profit Decline

Stock News03-23

Ningbo Tuopu Group Co.,Ltd. (601689.SH) has released its annual report for 2025. During the reporting period, the company achieved operating revenue of 295.81 billion yuan, representing a year-on-year increase of 11.21%. Net profit attributable to shareholders of the listed company was 27.79 billion yuan, a decrease of 7.38% compared to the previous year. Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 26.11 billion yuan, down by 4.30% year-on-year. Basic earnings per share stood at 1.61 yuan.

Throughout the reporting period, the company navigated challenges posed by global economic and trade fluctuations as well as industry volatility, while continuously improving operational efficiency and business performance. Benefiting from its broad product line in the smart electric vehicle industry, strong system R&D capabilities, and innovative business models, the company maintained sales revenue growth. Although net profit experienced a decline, the total combined amount of profit and depreciation/amortization increased. All operational and management activities demonstrated positive development.

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