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Hengan International: The profit attributable to equity holders is expected to increase by approximately 10.3% to about 2.535 billion yuan in 2025.
Hengan International announced on the Hong Kong Stock Exchange that the group’s revenue in 2025 increased by approximately 1.8% year-on-year to about RMB 23.069 billion; the gross profit margin was approximately 33.8%, up from 32.3% in the same period last year; profit attributable to equity holders increased by about 10.3% to approximately RMB 2.535 billion. Hengan International stated in the announcement that it expects to precisely allocate sales expenses in 2026, and high-end high-margin products will continue to grow, effectively alleviating the impact of raw material price fluctuations on gross profit. The group’s gross profit is expected to remain stable.