CHANJET (01588) Announces Annual Results: Profit Attributable to Owners Soars 143.81% to RMB 81.587 Million

Stock News03-26

CHANJET (01588) has released its annual results for the period ending December 31, 2025. The Group reported revenue of RMB 1.095 billion, representing a year-on-year increase of 14.14%. Profit attributable to owners of the parent company was RMB 81.587 million, a significant increase of 143.81% compared to the previous year. Basic earnings per share were RMB 0.255. The Board has proposed a final dividend of RMB 0.25 per share (tax inclusive).

According to the announcement, the substantial growth in profit attributable to owners during the reporting period was primarily due to the Group's steadfast implementation of its long-term strategy, which prioritizes cloud service business and subscription models. This focus led to continuous growth in both revenue and gross profit. Furthermore, the Group consistently pursued efficient operations, resulting in a decrease in the proportion of revenue accounted for by research and development costs, sales and distribution expenses, and administrative expenses compared to the previous year, thereby enhancing overall profitability.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment