KingClean Electric’s Q3 2025 profit drops over 30%, temporarily uses idle funds

KingClean Electric reported a total operating income of RMB 7,312,800,981.54 and a total profit of RMB 667,752,122.33 for the first nine months of 2025. Net profit attributable to shareholders was RMB 621,096,585.15, with a diluted EPS of 1.08. Profit totals for both the quarter and year-to-date periods saw a decrease of over 30%, attributed to US tariffs, increased costs, and exchange rate fluctuations.

KingClean Electric's board approved the temporary use of idle raised funds, up to RMB 200,000,000, to supplement working capital for a period not exceeding three months. As of September 30, 2025, the company had RMB 3,562.94 million in its raised funds account. Previously used idle funds totaling RMB 200,000,000 were already returned on October 27, 2025.

An online performance briefing will be held on November 5, 2025, allowing investors to engage with the company’s management regarding the third-quarter results and operational performance.