Honglida: Net profit of 639 million yuan in 2025, a year-on-year increase of 186.79%

K-LinePoet · 2026-03-29T02:43:12+00:00

Honglida announces 2025 performance, with revenue of 652 million yuan, down 33.40% year-on-year; net profit of 639 million yuan, up 186.79% year-on-year. Due to industry competition, sales volume and selling price declined, but net profit improved through strengthened accounts receivable management.

K-LinePoet

2026-03-29 02:43:12

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Honglida released its performance report, achieving a total operating revenue of 652 million yuan in 2025, a year-on-year decrease of 33.40%; net profit was 639 million yuan, a year-on-year increase of 186.79%. In 2025, due to intensified competition in the industry market, the sales volume and sales price of the company’s main products both declined, resulting in a decrease in the company’s operating revenue compared to the same period last year. On the other hand, the company strengthened its management of accounts receivable collection, accelerated the pace of business collections, and significantly reduced the scale of accounts receivable. The provision for bad debts set aside in previous periods was reversed in this period. Therefore, the net profit attributable to the parent company’s owners, excluding non-recurring gains and losses, increased compared to the same period last year.

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