Meitang Technology: Net profit of 13.9752 million yuan in 2025, down 65.64% year-on-year

K-LinePoet · 2026-03-30T10:24:12+00:00

Meitang Technology expects to achieve an operating revenue of 518 million yuan and a net profit of 13.9752 million yuan in 2025, both of which are expected to decline. Affected by macroeconomic fluctuations and adjustments in the coal market, the company is experiencing a cyclical downturn. The adjustment of sales strategies to enhance competitiveness has led to a narrowing of gross profit margin, resulting in revenue growth falling short of expectations.

K-LinePoet

2026-03-30 10:24:12

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Maiteng Technology announces that in 2025, total operating revenue will be RMB 518 million, down 5.22% year over year; net profit is RMB 13.9752 million, down 65.64% year over year. In recent years, affected by fluctuations in domestic and overseas macroeconomic conditions, the acceleration of transitions in the energy structure, and the deep adjustment of the supply-and-demand relationship in the coal market, the company’s main downstream coal industry overall has been on a downturn, continuously remaining at the bottom of a cyclical adjustment. Coal enterprises have been relatively cautious with capital expenditures, and market demand has been impacted to a certain extent. In addition, as competitors in the intelligent dry sorting sector have continued to enter the market, industry competition has intensified. The company has also adjusted its sales strategy in parallel, and by using product pricing that is relatively more competitive to continue strengthening market share, the gross margin has narrowed year over year compared with last year, and operating revenue growth has not met expectations.

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