COMEC announced its 2025 financial results. The company reported operating revenue of approximately RMB 205.47 billion, representing a year-on-year increase of 5.9%. Net profit attributable to shareholders of the listed company was about RMB 1.008 billion, a significant surge of 167.26% compared to the previous year. Basic earnings per share stood at RMB 0.7133. The board has proposed a final dividend of RMB 1.35 for every 10 shares.
The profit growth was primarily attributed to two main factors. Firstly, during the reporting period, the group deepened its lean production initiatives and advanced cost-engineering projects. This led to a continuous reduction in key construction cycles for main ship types and a steady improvement in production efficiency. Effective refined management and cost control measures resulted in a year-on-year increase in product gross profit. Secondly, the operating performance of the company's associated enterprises improved significantly, and dividend income from equity investments increased, leading to a substantial rise in recognized investment income compared to the same period last year.
As of the end of 2025, the company's order backlog totaled approximately RMB 60.6 billion. This includes shipbuilding orders worth about RMB 59.1 billion, comprising 137 vessels and 2 offshore engineering equipment units, with a total deadweight tonnage of 4.5274 million.
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