【SMM Aluminum Flash News】Mingzhi Technology Reports 20.21% Net Profit Growth in 2025, Despite 16% Revenue Decline
Mingzhi Technology disclosed its 2025 preliminary financial results on the evening of February 26. The company achieved operating revenue of 530 million yuan, a year-on-year decrease of 16%; net profit attributable to the parent company was 79.7482 million yuan, a year-on-year increase of 20.21%. During the reporting period, the company's overall sales revenue declined slightly year-on-year, mainly due to the impact of project delivery schedule on the equipment business. As some projects have not yet reached the acceptance milestone and large-scale projects are executed across periods, the revenue recognition in this period decreased, while the casting business maintained stable operation.