China Lesso Reports 8% Decline in Revenue for 1H 2025; Net Profit Steady at 7.5% Margin; EPS Unchanged at RMB0.34

China Lesso Group Holdings Limited reported its interim results for the first half of 2025, highlighting a stable performance amidst industry challenges. The Group's revenue for the period was RMB12,475 million, a decrease from RMB13,564 million in the first half of 2024. Despite this decline, gross profit margin increased slightly to 28.2% compared to 27.5% in the previous year, attributed to enhanced production efficiency and cost control measures. The EBITDA for the Group stood at RMB2,467 million, down from RMB2,644 million in the first half of 2024, with an EBITDA margin of 19.8% compared to 19.5% previously. Net profit margin remained steady at 7.5%. Profit attributable to owners was RMB1,046 million, a marginal increase from RMB1,043 million in the same period last year. Basic earnings per share remained unchanged at RMB0.34. The decrease in revenue and gross profit was largely due to the industry's adjustment phase and the Group's cost-plus pricing strategy, coupled with initial expenses related to overseas market expansion. However, these were partially offset by reduced financing costs through optimized debt structure and partial debt repayment. Looking ahead, China Lesso plans to focus on its core piping business and leverage smart manufacturing for product innovation and market expansion, despite uncertainties in the global business environment. The Group aims to enhance its brand influence, expand its revenue base, and improve profitability, supported by favorable domestic economic factors such as fixed-asset investments and infrastructure development.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Lesso Group Holdings Limited published the original content used to generate this news brief on August 30, 2025, and is solely responsible for the information contained therein.