Acotec Scientific's Profit Soars 128% in 2025; Shares Jump 7%
MT Newswires Live
Mar 27
Acotec Scientific (HKG:6669) recorded a 128% rise in attributable profit for the year 2025 to 119.2 million yuan from 52.3 million yuan a year prior, according to a Thursday Hong Kong bourse filing.
Shares of the electric car solutions provider were up 7% in Friday afternoon trading.
Earnings per share stood at 0.39 yuan, an increase from 0.17 yuan in the previous fiscal year.
Revenue increased 21% to 644.6 million yuan from 534 million yuan in the year-ago period.
The higher profit came about amid a rise in revenue, cost optimization, and an improvement in operational efficiency.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.