Lihuawei: Net profit of 20.92 million yuan in 2025, down 75.19% year-on-year

2026-03-29 05:28:27

LiHe Micro released an earnings report. In 2025, it achieved total operating revenue of 358 million yuan, down 34.79% year over year; net profit was 20.92 million yuan, down 75.19% year over year. The decline was mainly due to a reduction in the scale of bidding procurement in the smart grid market and the impact of changes in the bidding schedule, which led to a decline in the company’s performance in its power grid segment. At the same time, the company increased R&D investment related to the Internet of Things; revenue from non–power grid IoT-related business grew by more than 30% year over year.

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