Liantai Environmental Protection's net profit attributable to shareholders in 2025 was RMB 129 million, a year-on-year decrease of 28.31%. The revenue contribution from Hunan and Guangdong reversed to 50.48%, creating a new regional balance.

In 2025, the company's revenue reached 1.021 billion yuan (-1.78%), with a net profit attributable to shareholders of 129 million yuan (-28.31%). The adjusted net profit dropped by 32.91%, primarily due to increased accounts receivable leading to higher credit impairment and slower cash collection. Gross margin slightly decreased, while net margin fell by 3.6 percentage points. Although financial expenses declined by 14.58%, profitability quality remained under pressure. Regional revenue shifted from being dominated by Guangdong to a balanced contribution between Hunan and Guangdong. Continuous underspending on R&D and sales persisted, with no dividends distributed for the year.

lanjinger.comApr 29 15:41

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