Hipine published an annual results announcement for FY 2025. Revenue rose 33.8% to RMB610.84 million, and gross profit increased 55.1% to RMB192.6 million. Gross margin widened to 31.5% from 27.2%, which the company attributed mainly to improved watch product margin due to lower average gold content in traditional watches sold. Profit for the year more than doubled to RMB101.9 million, while adjusted profit for the year rose 96.3% to RMB117.13 million. Hipine said the revenue increase was primarily driven by higher accessories sales, mainly from ODM business revenue linked to sales of gold products to Customer A.
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. Shenzhen Hipine Precision Technology Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260317-12056418), on March 17, 2026, and is solely responsible for the information contained therein.
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