BRIEF: Sanhua Intelligent’s profit up 30%
Refrigeration components maker Zhejiang Sanhua Intelligent Controls Co. Ltd. (2050.HK; 002050.SZ) reported on Monday its revenue rose 11% year-on-year to 31 billion yuan ($4.5 billion) in 2025. Its profit climbed 31% to 4.06 billion yuan, landing in the middle to lower end of the company’s forecast range of 3.87 billion yuan to 4.65 billion yuan issued late last year.
Revenue from its refrigeration and air conditioning components segment and automotive components business increased by 12% and 9%, respectively, during the year. The company’s gross profit margin reached 28.4%, up 1.1 percentage points year-on-year.
Sanhua attributed its gains to a refined marketing approach, emphasizing key clients and flagship products, accelerating the commercialization of new and upgraded products, spearheading major market initiatives, and enhancing product competitiveness through cost reductions and efficiency gains.
Shares of Sanhua opened up 0.42% at HK$28.88 on Tuesday. The stock is up almost 30% since its listing last June.
By Lau Chi Hang
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