Financial Highlights
| Year ended 31 December | |||||
|---|---|---|---|---|---|
| 2025 RMB’000 |
2024 RMB’000 |
2023 RMB’000 |
2022 RMB’000 |
2021 RMB’000 |
|
| RESULTS | |||||
| REVENUE | 1,023,274 | 1,016,812 | 1,110,412 | 1,032,155 | 1,168,099 |
| Cost of Sales | (918,542) | (845,729) | (939,556) | (871,690) | (857,608) |
| Gross Profit | 104,732 | 171,083 | 170,856 | 160,465 | 310,491 |
| Other income and gains, net | 34,075 | 57,700 | 104,111 | 62,291 | 53,550 |
| Selling and distribution expenses | (30,823) | (33,518) | (34,963) | (33,757) | (36,569) |
| Administrative expenses | (131,720) | (131,085) | (150,773) | (140,706) | (144,488) |
| Finance costs | (6,682) | (7,295) | (9,111) | (9,249) | (5,335) |
| Share of loss of an associate | - | (3,128) | (2,318) | (777) | (1,432) |
| Reversal of impairment/(impairment) of trade and bills receivables, net |
(3,174) | (5,362) | (8,677) | 9,763 | (13,227) |
| Impairment of financial assets included in prepayments, other receivables and other assets |
(1,730) | (4,248) | (1,203) | (6,348) | - |
| PROFIT/(LOSS) BEFORE TAX | (35,322) | 44,147 | 67,922 | 35,682 | 162,990 |
| Income tax expense | (31,349) | (15,247) | (38,379) | (14,212) | (42,974) |
| PROFIT/(LOSS) FOR THE YEAR | (66,671) | 28,900 | 29,543 | 21,470 | 120,016 |
| Profit/(loss) attributable to: | |||||
| Owners of the parent | (69,773) | 26,664 | 31,242 | 23,565 | 122,652 |
| Non-controlling interests | 3,102 | 2,236 | (1,699) | (2,095) | (2,636) |
| (66,671) | 28,900 | 29,543 | 21,470 | 120,016 | |
| ASSETS, LIABILITIES AND MINORITY INTERESTS | |||||
| TOTAL ASSETS | 2,764,619 | 2,829,180 | 2,957,296 | 3,354,411 | 3,312,070 |
| TOTAL LIABILITIES | (638,303) | (536,489) | (581,080) | (834,969) | (656,482) |
| NON-CONTROLLING INTERESTS | 405 | 4,194 | 6,430 | 4,731 | 2,636 |
| 2,126,721 | 2,296,885 | 2,382,646 | 2,524,173 | 2,658,224 | |