$YUE YUEN IND (00551.HK)$ The company announced its 2025 financial results, with operating revenue of approximately USD 8.031 billion, representing a year-on-year decrease of 1.8%; recurring profit attributable to owners of the company was approximately USD 367 million, reflecting a year-on-year decline of 3.1%; profit attributable to owners of the company amounted to approximately USD 381 million, marking a year-on-year reduction of 2.9%; basic earnings per share were 23.76 US cents, and a final dividend of HKD 0.9 per share has been proposed.
During the year, significant discrepancies in order fulfillment rates and capacity utilization compared to average levels at certain manufacturing sites resulted in uneven capacity loads. Additionally, initial investments for capacity ramp-up and tariff sharing starting in the second half of the year negatively impacted the operational efficiency of the group’s manufacturing business. Furthermore, during the year, the number of employees in the group's manufacturing operations increased by 4.3% year-on-year, while salaries across regions rose by high single-digit percentages, significantly driving up labor costs and exerting further pressure on the short-term profitability performance of the group’s manufacturing business.
