Kaitian Gas: Net profit of 32.13 million yuan in 2025, down 28.88% year-on-year

K-LinePoet · 2026-03-10T07:04:33+00:00

Kaitian Gas releases earnings quick report, with operating revenue of 512 million yuan in 2025, a decrease of 6.14% year-on-year; net profit of 32.13 million yuan, down 28.88% year-on-year. The decline is mainly due to the slowdown in the real estate industry, increased credit impairment losses, and reduced subsidy funds.

K-LinePoet

2026-03-10 07:04:33

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Kaitian Gas releases earnings report: In 2025, the company achieved operating revenue of 512 million yuan, a decrease of 6.14% year-on-year; net profit of 32.13 million yuan, down 28.88% year-on-year. Due to the overall slowdown in the real estate industry, gas engineering installation revenue decreased compared to the previous period, resulting in a decline in gross profit margin and profit. Influenced by some customer payments, credit impairment losses increased, leading to a decrease in net profit. Additionally, last year’s corresponding period received 6.2 million yuan in listing subsidy funds, while the subsidy funds received this period significantly decreased, causing net profit to decline compared to the previous period.

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