Link: https://links.sgx.com/1.0.0/corporate-announcements/P9AE6ICZZH7NNYXE/e4ab0dd9cfec394a077054d7e16328ed53ee5f0ebb83bd66f835bf2116ee62a2

Summary:

• Group revenue rose 3.0% to RMB 570.1 million (FY2024: RMB 553.5 million), led by a 21% increase in general tapes sales, offsetting declines in BOPP films.

• Gross profit increased 5.3% to RMB 89.8 million; gross margin improved to 15.8% (FY2024: 15.4%).

• Net profit attributable to shareholders dropped 24.9% to RMB 7.8 million (FY2024: RMB 10.3 million), impacted by higher research, staff, and finance costs.

• IS tapes sales rose 3.2%; BOPP film sales fell 12.9%. Sales in China (+4.1%) outpaced overseas markets (-5.3%).

• No dividend declared for FY2025 to conserve funds amid challenging conditions.

• Net asset value per share: RMB 11.15.

• Outlook: Group remains cautious for FY2026, focusing on R&D, efficiency upgrades, and proactive cost management amid market uncertainty and rising costs.