CHINA ORIENTAL (00581) announced its annual results for the 2025 fiscal year. The group recorded revenue of 40.41 billion yuan, a decrease of 5.9% compared to the previous year. Profit attributable to equity holders was 225 million yuan, marking a significant increase of 50.9% year-on-year. Basic earnings per share were 0.06 yuan. The board proposed a final dividend of HK$0.02 per share and a special dividend of HK$0.05 per share.
In 2025, despite continued weak demand for downstream steel products leading to a persistent decline in the average selling price of steel products, the group's net profit still achieved growth. This was primarily due to the combined effect of several factors, including (i) a drop in the prices of key raw materials, which fell at a faster rate than the decline in steel product prices; (ii) the group's ongoing comprehensive implementation of a lean management strategy, encompassing cost reduction, efficiency improvement, management optimization, and technological upgrades; and (iii) a year-on-year recovery in the production and sales volume of steel products. These factors collectively contributed to an overall improvement in the gross profit margin of steel products. Simultaneously, the group actively responded to the dual challenges of macroeconomic volatility and deep industry adjustment, focusing on innovation-driven growth, green transformation, management deepening, and advancing high-quality development as its core operational strategies.
Comments