Kuncai Technology: Net profit loss of 92.8955 million yuan in 2025

K-LinePoet · 2026-04-03T18:06:25+00:00

Kuncai Technology announced its 2025 annual performance forecast, with total operating revenue reaching 1.26B yuan, a year-on-year increase of 29.74%. Although the pearl material business maintained growth, due to market price declines, a large amount of asset impairment provisions were recognized, resulting in a net profit loss of 92.8955 million yuan, a decrease of 364.34% year-on-year.

K-LinePoet

2026-04-03 18:06:25

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KunCai Technology releases an earnings quick report: in fiscal year 2025, total operating revenue was RMB 1.26B, up 29.74% year over year. During the reporting period, under multiple challenges including fluctuations in the market economy environment and frequent changes in overseas market policies, the company continued to maintain its competitive advantage in the business field of pearlescent materials; revenue and profit from the pearlescent materials business achieved steady growth. Production capacity for titanium dioxide and iron oxide was gradually released, and both sales volume and revenue increased. However, affected by the industry market price decline, the company recorded a large amount of asset impairment provisions in this period, resulting in a net profit loss. Net profit attributable to shareholders of the listed company was -RMB 92.8955 million, down 364.34% year over year.

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