*ST Songfa net profit of 2.655 billion yuan in 2025, up 1083.05% year-on-year

NightAirdropper · 2026-03-11T08:20:23+00:00

*ST Songfa's 2025 annual report shows that the company's operating revenue was approximately 21.639 billion yuan, a year-on-year increase of 274.95%; net profit attributable to shareholders was approximately 2.655 billion yuan, a year-on-year increase of 1083.05%. The company transformed into the shipbuilding industry through major asset restructuring, thereby significantly improving asset quality and performance.

NightAirdropper

2026-03-11 08:20:23

Abstract generation in progress

Beijing Business Daily (Reporter Wang Manlei) reported that on the evening of March 9, *ST Songfa (603268) released its 2025 annual report, showing the company achieved a net profit attributable to shareholders of approximately 2.655 billion yuan for the year, a year-on-year increase of 1083.05%.

The annual report indicates that in 2025, *ST Songfa achieved operating revenue of approximately 21.639 billion yuan, a year-on-year increase of 274.95%; corresponding net profit attributable to shareholders was about 2.655 billion yuan, up 1083.05% year-on-year.

*ST Songfa stated that after the completion of a major asset restructuring, the company’s main business shifted from traditional ceramic manufacturing to the high-growth shipbuilding industry. Hengli Heavy Industry and its subsidiaries were included in the company’s consolidated financial statements, significantly improving asset quality. Hengli Heavy Industry possesses globally leading shipbuilding capabilities, becoming the core driver of the company’s performance growth. Relying on Hengli Heavy Industry’s core technology and efficient production capacity, combined with strong global demand in the shipbuilding market, the company has ample orders on hand, stable deliveries, and significant increases in revenue, profit, and net assets.

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