Zongshen Power projects up to 100% net profit growth for first three quarters

Chongqing Zongshen Power Machinery expects its net profit attributable to shareholders for the first three quarters of 2025 to range between 665 million yuan and 782.35 million yuan. This represents a growth of 70% to 100% compared to the 391.1761 million yuan reported in the same period last year. Basic earnings per share are projected to be between 0.5807 yuan/share and 0.6832 yuan/share, up from 0.3416 yuan/share previously.

Net profit attributable to shareholders, excluding non-recurring gains and losses, is also forecast to increase by 70% to 100%, reaching between 626.73 million yuan and 737.33 million yuan, compared to 368.6673 million yuan in the prior year.

The company attributes this positive performance to the expanded scale of its general machinery and motorcycle engine businesses, alongside enhanced investment income from its associated enterprises. This preliminary forecast has not been audited by external accountants, and final financial data will be disclosed in the official 2025 third-quarter report.