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<Results> INNOSECO (02577.HK) Narrows Annual Loss to RMB840 Million; Adjusted EBITDA Turns Positive
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INNOSECO (02577.HK) announced its results for the fiscal year 2025, reporting revenue of RMB1.213 billion, a year-on-year increase of 46.5%. This growth was primarily driven by breakthroughs in the application of gallium nitride products across multiple fields, leading to a continuous increase in orders. The loss narrowed from RMB1.046 billion in the previous year to RMB841 million, with a loss per share of RMB0.95. No final dividend was declared.

During the year, the gross profit was RMB88.76 million, compared to a gross loss of RMB161 million in the previous year; the gross profit margin improved from -19.5% to 7.3%, mainly due to increased revenue, economies of scale, and ongoing optimization of production processes to reduce costs. The adjusted EBITDA for the year turned positive at RMB52 million, compared to a negative RMB148 million in the previous year. (de/d)
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