HAIWEI ELEC (09609) Reports 2025 Results: Profit Attributable to Owners Plunges 46.59% to Approximately RMB 48 Million

Stock News03-31

HAIWEI ELEC (09609) has announced its financial results for the year 2025. The company reported total revenue of approximately RMB 334 million, representing a decrease of 20.79% compared to the previous year. Profit attributable to owners of the company was approximately RMB 48.008 million, marking a significant decline of 46.59% year-on-year. Basic earnings per share were RMB 0.38. According to the announcement, the decrease in revenue was primarily due to an imbalance between supply and demand in the markets for thin base film, medium-thick base film, and metallized film, especially in the second half of 2025. This market condition led to a decline in both the sales volume and selling prices of certain products.

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