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Kolin Electric: Net profit expected to increase by 45.06% year-over-year in 2025, with a proposed dividend of 1.9835 RMB for every 10 shares.
People’s Finance News, March 27 - Korin Electric (603050) disclosed its annual report on March 27, achieving an operating income of 4.388 billion yuan in 2025, a year-on-year increase of 7.05%; net profit attributable to shareholders of the parent company was 258 million yuan, a year-on-year increase of 45.06%; basic earnings per share were 0.64 yuan. The company plans to distribute a cash dividend of 1.9835 yuan (tax included) for every 10 shares. During the reporting period, the company actively explored domestic and international markets, while continuously increasing the order amount from quality customers, targeting large projects to achieve breakthroughs in new customers, new industries, and new regional markets. In the power grid business, new signed orders from two grid customers reached 1.74 billion yuan, a year-on-year increase of 24.73%; in the data center industry, new signed orders reached 384 million yuan, a year-on-year increase of 70.57%.