XINGDA INT'L Reports Fiscal Year Profit of 340 Million Yuan, Up 26.5%

Stock News03-31

XINGDA INT'L (01899) announced its annual results for the period ending December 31, 2025. The group recorded revenue of 11.48 billion yuan, a decrease of 3.9% compared to the previous year. Profit attributable to the company's owners was 340 million yuan, marking a 26.5% year-on-year increase. Basic earnings per share were 17.75 fen.

During the year, the group's total sales volume declined by 0.3% to 1.4242 million tons (2024: 1.428 million tons). Sales of steel cord for radial tires increased by 2.5% to 1.173 million tons (2024: 1.1441 million tons), accounting for 82.4% of the group's total sales volume (2024: 80.1%). Sales of bead wire fell by 14.6% to 138,200 tons (2024: 161,900 tons), representing 9.7% of the group's total sales (2024: 11.3%). Sales of hose wire and other steel wires decreased by 7.4% to 113,000 tons (2024: 122,000 tons), making up 7.9% of the group's total sales (2024: 8.6%).

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