Xinya Cable Reports 4% Revenue Growth, 25.57% Drop in Net Profit for 2025 Amid Market Challenges

Published: Apr 21, 2026 16:15
Xinya Cable (001382) disclosed its annual report on April 20. In 2025, the company achieved operating revenue of 2.947 billion yuan, up 4.00% YoY; net profit attributable to the parent company was 100 million yuan, down 25.57% YoY; basic earnings per share were 0.26 yuan. The company proposed a cash dividend of 0.75 yuan per 10 shares (tax inclusive). The decline in net profit attributable to the parent company was mainly due to the following reasons: first, intensified competition in the wire and cable market and the sustained rise in raw material prices of copper and aluminum put the company's comprehensive gross margin under pressure; second, the expansion of the company's accounts receivable led to an increase in credit impairment loss provisions.

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