Xinda Investment Holdings ( 01281.HK ) 2025 Annual Net Profit of 12.91 million yuan, turning from loss to profit year-on-year

Gelonghui, March 28 | Xinda Investment Holdings (01281.HK) released its performance for the fiscal year 2025. During the reporting period, the group’s revenue was RMB 140 million, an increase of approximately 22.56% compared to the same period last year, mainly due to the increased investment in the Baoding Donghu project; the profit attributable to the company’s owners was RMB 12.91 million (2024 same period: loss attributable to the company’s owners was RMB 24.418 million), turning from loss to profit. Basic earnings per share were RMB 0.0087.

The main reasons for the turnaround from loss to profit (including) were: during the reporting period, the group recovered a total of approximately RMB 13,301,000 in assets previously impaired in prior years, including approximately RMB 8,968,000 recovered through the transfer of investment properties, RMB 3,500,000 recovered through cash settlements, and approximately RMB 833,000 from the reversal of past accounts receivable impairment losses. In the same period last year, the group recognized a total impairment provision of approximately RMB 51,975,000 for a power station asset and its accounts receivable.