Cipani (02583) announced that, based on the preliminary review of the group’s unaudited consolidated management accounts for the 11 months ended November 30, 2025, it recorded a net profit exceeding RMB 90 million. According to the group’s existing information, compared to the net profit of approximately RMB 49 million for the year ended December 31, 2024, the group expects to record a higher net profit for the year ending December 31, 2025.
According to Zhitong Finance App,$HIPINE (02583.HK)$An announcement was made stating that, based on a preliminary review of the unaudited consolidated management accounts of the group for the 11 months ended November 30, 2025, a net profit exceeding RMB 90 million was recorded. According to the group’s current data, compared to the net profit of approximately RMB 49 million for the year ended December 31, 2024, the group expects to record a higher net profit for the year ending December 31, 2025.
The expected growth in the group's net profit is mainly based on: (1) an increase in sales revenue from jewelry; and (2) an increase in gross profit margin from watch sales.
