Jieneng Guozhen (300388.SZ)300388.SZ announced its 2025 annual performance, with net profit attributable to shareholders of 356 million yuan, down 2.89%

Energy Conservation Guozhen ( 300388.SZ ) Released the 2025 Annual Report, the company’s operating revenue was 3.67B yuan, a decrease of 4.30% year-on-year. Net profit attributable to shareholders of the listed company was 356 million yuan, a decrease of 2.89% year-on-year. Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 345 million yuan, a decrease of 5.84% year-on-year. Basic earnings per share were 0.5228 yuan. In addition, a cash dividend of 0.31 yuan per 10 shares (tax included) is planned to be distributed to all shareholders (.

The total operating revenue for the full year of 2025 was 3.67B yuan, a decrease of 4.30% year-on-year; among which, operational services achieved revenue of 2.5B yuan, an increase of 1.82%; engineering construction services achieved revenue of 1.06B yuan, a decrease of 10.11%; equipment manufacturing, sales, and services achieved revenue of 104 million yuan, a decrease of 47.51%.

In 2025, total costs and expenses amounted to 3.1B yuan, a decrease of 150 million yuan from the previous year. Among them: operating costs were 2.59B yuan, a decrease of 138 million yuan, mainly due to the industry’s increased capacity leading to a reduction in traditional general contracting projects, and a decrease in business in the engineering services sector; taxes and surcharges were 32.82 million yuan, an increase of 1.13 million yuan, mainly due to increases in property tax and environmental protection tax this period. Sales expenses for 2025 were 66.92 million yuan, an increase of 7.11 million yuan, mainly due to market project expansion costs and increased labor costs. The increase in market expansion expenses was mainly due to the bidding agency service fee incurred by the successful bid for the Feidong TOT project, and market personnel rewards increased year-on-year based on the market reward system. Management expenses were 171 million yuan, a decrease of 6.31 million yuan, mainly due to the strict implementation of cost reduction and efficiency enhancement measures this period, optimizing the allocation of business and management personnel, leading to a decrease in business expenses and labor costs. R&D expenses were 24.17 million yuan, a decrease of 950k yuan, mainly because ongoing projects entered the conclusion stage, reducing R&D investment. Financial expenses were 216 million yuan, a decrease of 13.03 million yuan, mainly due to a decrease in the average financing cost this period.