Vantage Electric: Net profit in 2025 was 31.7996 million yuan, a year-on-year decrease of 66.48%.

date
26/02/2026
Weiteng Electric released its performance report, with the company achieving a total operating income of 3.848 billion yuan in 2025, an increase of 10.55% compared to the previous year. The net profit was 31.7996 million yuan, a decrease of 66.48% year-on-year. Currently, the competition in the industry where the company operates continues to intensify, and market price pressure is gradually affecting the company's major business sectors, leading to a decline in the overall gross profit margin during the reporting period. In this context, although the company's three main businesses have maintained normal and steady operations, the profitability of each sector has been squeezed to varying degrees, thereby affecting the net profit performance during the reporting period.