Yutong Heavy Industries: Net profit expected to grow by 36.25% year-on-year in 2025, proposing a dividend of 4 RMB per 10 shares.

People’s Finance News, April 2: On April 2, Yutong Heavy Industry (600817) disclosed its annual report. In 2025, the company achieved operating revenue of 3.49B yuan, down 8.2% year over year; net profit attributable to shareholders was 309 million yuan, up 36.25% year over year; and basic earnings per share were 0.59 yuan. The company plans to distribute a cash dividend of 4 yuan for every 10 shares (including tax). During the reporting period, the company’s sanitation equipment business generated main business revenue of 1.58B yuan, with sales volume of 3,280 units, up 1.8% year over year. Among them, sales volume of new energy products grew 11.2% year over year, continuing to be the core engine driving the company’s growth. The company’s mining equipment business achieved main business revenue of 1.14B yuan, up 13.4% year over year. Sales of pure-electric units increased 9.66% year over year. During the reporting period, the company’s R&D expenses were 134 million yuan, up 3.92% year over year, mainly due to an expansion in scale and increased investment in the development of new products; spending on new product R&D projects increased.