Aowei Holdings ( 01370.HK ) Recorded a loss of 236 million yuan in 2025, narrowing by approximately 18.4% year-on-year

Gelonghui, March 26丨Aowei Holdings (01370.HK) released its performance for the fiscal year 2025. The group’s revenue during the reporting period was approximately RMB 633 million, a decrease of 2.0% compared to the same period last year. The group recorded a loss of approximately RMB 236 million for the year, an improvement of about 18.4% year-on-year. The basic loss attributable to equity holders of the group was RMB 0.14 per share.

In 2025, the average sales price of iron concentrate fluctuated downward. To improve profitability, the group continuously deepened cost-reduction measures, effectively achieving a reduction in production costs and an increase in operational efficiency, which led to an increase in both the production and sales volume of iron concentrate as well as a decrease in unit cash operating costs. As of the fiscal year ending December 31, 2025, the group’s iron concentrate production was approximately 749.4 thousand tons, an increase of about 3.8% compared to the same period last year; during the reporting period, the sales volume of iron concentrate was approximately 754.2 thousand tons, an increase of about 2.0% compared to the same period last year, with an average sales price of approximately RMB 732.4 per ton, a decrease of about 8.2% compared to the same period last year; during the reporting period, the average unit cash operating cost of Jingsource City iron concentrate was approximately RMB 608.6 per ton, a decrease of about 8.1% compared to the same period last year.

As of the fiscal year ending December 31, 2025, the group’s iron ore business recorded revenue of approximately RMB 552 million, a decrease of about 6.3% compared to the same period last year.