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FOR THE YEAR ENDED 31 DECEMBER 2025
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| 2025 RMB’000 |
2024 RMB’000 |
|
| Revenue | 2,638,523 | 2,509,152 |
| Cost of goods sold | (2,356,358) | (2,215,543) |
| Gross profit | 282,165 | 293,609 |
| Other income | 8,465 | 23,284 |
| Impairment losses reversed (recognised) under expected credit loss model, net | 29,174 | (125,627) |
| Other (loss) gain | (7,783) | 381 |
| Selling and distribution costs | (50,769) | (49,032) |
| Administrative expenses | (40,198) | (42,472) |
| Research and development costs | (50,161) | (54,322) |
| Finance costs | (41,401) | (49,153) |
| Profit (loss) before taxation | 129,492 | (3,332) |
| Tax charge | (24,316) | (4,582) |
| Profit (loss) for the year | 105,176 | (7,914) |
| Earnings (loss) per share | ||
| — basic | RMB5.92 cents | RMB(0.44) cents |