Lates News

Shansong (FLX.O) announced today the financial report data for the fourth quarter and full year of 2025, showing a net profit of 109 million yuan for the full year of 2025, compared to a turnaround from loss to profit in 2024. The gross profit margin increased from 11.0% in 2024 to 11.8%. The adjusted net profit reached 200 million yuan, achieving a profit for three consecutive years, with a total annual order volume of 249.2 million orders. In 2025, Shansong achieved a total revenue of 3.992 billion yuan, a decrease of 11.9% compared to 2024. Shansong explained in the financial report that the main reason for this was intensified market competition. In addition, Shansong also announced that the stock buyback plan initiated in March 2025 will be extended for another year, with a buyback limit of no more than 30 million US dollars.