DONGFANG ELEC (01072) opened sharply higher, rising more than 7% following the release of its annual results. At the time of writing, the stock was up 7.35%, trading at HKD 36.5, with a turnover of HKD 14.05 million.
On March 31, the company reported its 2025 financial performance. It achieved operating revenue of RMB 78.615 billion, representing a year-on-year increase of 12.80%. Net profit attributable to shareholders of the listed company was RMB 3.831 billion, up 31.11% compared to the same period last year. Basic earnings per share stood at RMB 1.15, and the company proposed a cash dividend of RMB 5.30 per 10 shares.
As of the end of 2025, the company's order backlog amounted to RMB 140.31 billion. Throughout the year, newly effective orders reached RMB 117.251 billion, a growth of 15.93% year-on-year. The energy equipment manufacturing segment accounted for 67.33% of orders, manufacturing services for 22.15%, and emerging industries for 10.52%. The company continued to solidify its advantages in traditional sectors, maintaining its position as the market leader in nuclear and gas-fired power.
The increase in total operating revenue was primarily attributed to growth in the coal power, wind power, and hydropower product segments.
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