CHINA LESSO (02128) announced its annual results for the period ended December 31, 2025. The group recorded revenue of 24.315 billion yuan, a decrease of 10.03% compared to the previous year. Profit attributable to owners of the company was 1.262 billion yuan, down 25.08% year-on-year, with earnings per share of 0.41 yuan.
Amid a complex market environment, the group maintained its focus on plastic piping systems as its core business and implemented a steady development strategy, resulting in stable performance in its primary operations. In the municipal sector, the company was deeply involved in key projects such as urban renewal, pipeline network upgrades, and wastewater treatment across multiple regions in China. In the agricultural sector, it strengthened its presence in several major agricultural provinces within the country, further increasing its market share for specialized agricultural pipelines. Additionally, the company successfully expanded into overseas agricultural markets, including Africa and Southeast Asia.
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