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Zhongyou Technology: Net profit of 88.78 million yuan in 2025, down 15.31% year-over-year
Zhongyu Technology announced that its revenue for 2025 reached 709 million yuan, an increase of 18.34% year-on-year. Net profit was 88.78 million yuan, a decrease of 15.31% year-on-year. During the reporting period, the company achieved revenue of 709 million yuan, up 18.34% compared to the same period last year, mainly due to increased sales in the US and Middle Eastern markets; sales of high-pressure, high-flow conveying hoses also increased compared to the same period last year. Net profit attributable to shareholders of the listed company was 88.78 million yuan, down 15.31% year-on-year; the main reasons include higher tariffs and related shipping costs from internal goods transfers to overseas subsidiaries compared to the same period last year; operating expenses of overseas subsidiaries such as Zhongyu Saudi Arabia increased compared to the same period last year; and due to exchange rate fluctuations, foreign exchange losses in financial expenses increased compared to the same period last year.