BINHAI TEDA Logistics (08348) announced its financial results for 2025. The company reported operating revenue of approximately 2.021 billion yuan, a decrease of 45.53% compared to the previous year. The net loss attributable to the company's owners was 34.642 million yuan, a shift from profit to loss year-on-year. The basic loss per share was 0.1 yuan.
According to the announcement, the primary reasons for the decline in operating revenue were: (1) To mitigate risks, the company proactively optimized its business structure and adjusted its scale-oriented business strategy, concentrating resources on developing operations with better economic returns and more controllable risks; and (2) The group's automotive vehicle and parts supply chain logistics services were impacted by the cost-reduction policies of its core clients, leading to lower service prices and a contraction in business scale, which resulted in a significant revenue decrease.