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Changhai Co., Ltd.: Net profit expected to grow by 18.8% year-over-year in 2025, proposing a dividend of 3.5 RMB per 10 shares
People’s Finance News April 2: On April 2, Longhai Co., Ltd. (300196) disclosed its annual report. In 2025, it achieved operating revenue of RMB 3.14B, up 17.92%; net profit attributable to shareholders of RMB 326 million, up 18.8%; and basic earnings per share of RMB 0.81. The company plans to distribute a cash dividend of RMB 3.5 per 10 shares (inclusive of tax). During the reporting period, the improvement in the company’s profitability level was mainly driven by the following factors: first, the alignment of industry market conditions and demand; second, the release of production capacity and the emergence of economies of scale; third, ongoing optimization and upgrading of the product structure; and fourth, synergy between the chemical business and the main glass-fiber business.