On March 24, Hainan Mining released its 2025 annual report, reporting operating revenue of Yuan 4.416 billion, up 8.62% year-on-year. Net profit attributable to parent company shareholders was Yuan 431 million, down 38.99% YoY. The company proposed a cash dividend of Yuan 0.8 (pre-tax) per 10 shares.
During the reporting period, revenue and total assets grew steadily, driven by the consolidation of Tethys Company, a sharp output increase at the Bajiaochang gas field, and the commissioning of upstream lithium projects. The decline in net profit was mainly due to lower iron ore and crude oil prices, a higher government revenue share in oil and gas projects, and increased financial expenses.
Edited by Cassie Li, lixiangying@mysteel.com
