Aux Electric expects 2025 profit attributable to owners of RMB2.2 billion

Reuters
Mar 06
Aux Electric expects 2025 profit attributable to owners of RMB2.2 billion

Aux Electric Co. Ltd. expects 2025 revenue of about RMB30 billion, up from RMB29.76 billion in 2024. It forecasts 2025 profit attributable to owners of about RMB2.2 billion, down from RMB2.91 billion a year earlier. The company attributed the profit decline to higher raw material costs and lower gross margin from competitive pricing in air conditioners.

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