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Datong Machinery (00118.HK)2025 profit of HKD 20.762 million, up 87.7% year-on-year
Gelonghui, March 24 — Datong Machinery (00118.HK) announced that for the year ending December 31, 2025, the group’s revenue was approximately HKD 2.066 billion (2024: HKD 1.865 billion), a year-on-year increase of 10.8%. The annual profit was HKD 20.762 million, up 87.7% year-on-year. The board does not recommend the payment of a final dividend for the year ending December 31, 2025 (2024: none).
Despite the complex and volatile global economic environment and weak demand in the manufacturing sector, revenue increased by 10.8% compared to last year, thanks to the growth in domestic and international power grids, equipment upgrade demands, and the continuous increase in penetration of the new energy vehicle market.