CLIFFORDML (03686) announced its performance for the year 2025, with a net profit of approximately 285 million yuan, a year-on-year increase of 191.8%.

CLIFFORDML (03686) announced its performance for 2025, with customer contract income of approximately 320 million yuan, a decrease of 12.8% year-on-year; net profit of approximately 285 million yuan, a year-on-year increase of 191.8%; earnings per share of 0.28 yuan, proposing a final dividend of 9.5 Hong Kong cents per ordinary share. Looking back on the year, the gross profit margin increased from 46.1% to 51.9%. The net profit margin increased from 26.5% to 88.9%, equivalent to a year-on-year increase of about 235.5%. The increase in net profit was mainly due to significant gains on fair value of investments in undistributed silver bars as of the year ended December 31, 2025.