Hong Kong Wisdom Energy (01083.HK) 2025 annual revenue of HK$21.912 billion, core business profit of HK$1.573 billion

Gelonghui, March 18 — Honghua Smart Energy (01083.HK) announced its annual results. By 2025, despite challenges from domestic and international macroeconomic environments and industry policy adjustments, the group continues to expand market coverage and business scale. Coupled with ongoing quality improvement, efficiency enhancement, and a light-asset transformation, operational performance remains steady. The group’s annual revenue reached HKD 20.912 billion, core profit HKD 1.573 billion, and attributable profit to shareholders HKD 1.585 billion.

In the city gas business, the group actively promotes natural gas applications in commercial and industrial markets and the renovation of old communities using pipeline natural gas. Gas sales increased by 1% to 17.371 billion cubic meters. The group steadily implemented price adjustments, with the city gas comprehensive price difference rising by 2 fen to HKD 0.58 per cubic meter.

In renewable energy, by the end of 2025, the distributed photovoltaic new grid connection capacity added 500 MW during the year, bringing total installed capacity to 2.8 GW. PV power generation increased by 36% to 2.48 billion kWh, and electricity sales transactions reached 8.4 billion kWh. During the year, the company successfully issued the second and third phases of REITs products, with assets under management reaching RMB 3.5 billion. This continued to broaden capital channels, optimize cash flow structures, and deepen the light-asset strategy, laying a solid foundation for future development.

With the implementation of the national “14th Five-Year Plan,” accelerating the construction of a new energy system and aiming to establish 100 national zero-carbon parks, policy benefits are expected to continue. The group will seize opportunities in green and low-carbon development, participate in setting park standards, and integrate artificial intelligence, big data, and automation technologies into its operations to enhance competitiveness and enterprise value.

The board recommends a final dividend of HKD 0.14 per share, combined with an interim dividend of HKD 0.05 per share already paid, totaling HKD 0.19 per share for the year.