Far East Horizon (03360.HK) 2025 Annual Revenue: 35.785 billion yuan, net profit reaching 3.889 billion yuan

Grain Hui, March 11 — Far East Horizon (03360.HK) announced its annual results for 2025. Revenue reached RMB 35.785 billion, a decrease of 5.20% year-over-year; net profit attributable to ordinary shareholders for the year was RMB 3.889 billion, up 0.67% year-over-year; average return on equity was 7.71%. Basic earnings per share were RMB 0.87. A final dividend of HKD 0.31 per share is proposed. As of the end of 2025, the group’s total assets amounted to RMB 370.961 billion, an increase of 2.93% from the previous year.

Looking back at 2025, under the “Finance + Industry” development strategy, the group prioritized safe and stable operations, steadily and orderly advancing various businesses.

Financial Services: The total revenue for the year was RMB 22.676 billion, a 4.47% increase compared to the previous year. Traditional business segments fully leveraged resource and mechanism advantages, providing comprehensive, high-quality services to leading clients with strong competitiveness. The group maintained a cautious approach, actively adjusting asset allocation and duration to ensure steady asset growth, asset quality security, and maintained interest margin advantages. Inclusive finance continued to deepen market penetration in economically developed regions along the Yangtze River and coastal areas, precisely targeting the most resilient customer groups. Both asset scale and interest income grew rapidly, with stricter prudence in non-performing asset recognition and write-offs to ensure operational safety. As of the end of 2025, the group’s interest-earning assets net amount was RMB 272.047 billion, up 4.38% from the end of the previous year, with steady asset deployment; non-performing asset ratio decreased to 1.03%, and overdue (more than 30 days) interest-earning assets accounted for 0.82%, indicating continued asset quality improvement; net interest margin was 4.39%, and net interest yield was 4.83%, maintaining stable profitability.

Industrial Operations: The total revenue for the year was RMB 13.284 billion, accounting for 36.94% of total income, maintaining a diversified “Finance + Industry” financial structure. Among these, Hongxin Jianfa, as a leading comprehensive equipment operation service provider in China, actively optimized asset allocation and deployment in domestic markets, though performance was still under pressure due to market conditions; overseas markets continued to deepen local market penetration, improving operational systems to adapt to different markets, moving toward the goal of becoming a “world-class comprehensive equipment operation service provider.” By the end of 2025, Hongxin Jianfa managed approximately 200,000 aerial work platforms, with a total management scale of about 1.88 million tons of material assets. It operated 485 service outlets domestically (including Hong Kong, China) and 77 overseas, covering Malaysia, Vietnam, Indonesia, Thailand, Saudi Arabia, UAE, and Turkey. Overseas staff increased to about 1,400, with a local talent rate close to 90%. In 2025, Hongxin Jianfa achieved total revenue of RMB 9.359 billion, with an annual profit of RMB 147 million, of which RMB 1.402 billion came from overseas operations, contributing RMB 135 million in profit. Hongxin Health continued to optimize management models and improve efficiency, with 25 hospitals under its control. In 2025, Hongxin Health generated total revenue of RMB 3.572 billion, with an annual profit of RMB 83 million, maintaining positive profitability.