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Longquan Shares: Net profit in 2025 is expected to decrease by 27.63% year-on-year
People’s Finance News, April 1. Longquan Co., Ltd. (002671) disclosed its annual report on April 1. In 2025, the company achieved operating revenue of 1.46 billion yuan, up 27.34% year over year; net profit attributable to shareholders of 47.4699 million yuan, down 27.63% year over year; and basic earnings per share of 0.09 yuan. During the reporting period, the company acquired 80% equity interests in Nantong Power Station Valve Co., Ltd. The company added a high-temperature and high-pressure valve manufacturing business; Nantong Valve achieved net profit of 26.2316 million yuan, which had a positive impact on the company’s performance. Revenue from pipeline businesses such as PCCP was 1.09B yuan, accounting for 74.90% of operating revenue, up 12.62% year over year; revenue from metal pipe fittings was 106 million yuan, accounting for 7.26% of operating revenue, down 30.66% year over year; and revenue from industrial valves was 241 million yuan, accounting for 16.48% of operating revenue.