Jiaxin International Swings to HKD305M Profit

Edgen Stock

·Mar 25 2026, 18:28

Share to

Share to

Copy link

Key Takeaways

Jiaxin International Resources announced a significant financial turnaround for its 2025 fiscal year, reporting a net profit of HKD 305 million against the previous year's HKD 173 million loss. This recovery was driven by revenues of HKD 1.063 billion, though the company opted not to issue a final dividend.

Profit Turnaround: The company posted a HKD 305 million net profit for fiscal year 2025, a reversal from a HKD 173 million loss in the prior year.
Revenue and Earnings: Full-year revenue reached HKD 1.063 billion, resulting in earnings per share (EPS) of HKD 0.82.
No Dividend Declared: Despite the strong return to profitability, Jiaxin International did not declare a final dividend for the year.

Jiaxin Reverses HKD173M Loss with HKD305M Profit

Jiaxin International Resources (03858.HK) reported a significant financial recovery for its 2025 fiscal year, posting a net profit of HKD 305 million. This marks a stark reversal from the HKD 173 million loss recorded in the previous year. The turnaround was supported by annual revenue totaling HKD 1.063 billion, culminating in earnings per share of HKD 0.82.

Profitability Returns as Dividends Remain on Hold

Despite the robust profit figures, Jiaxin's board decided against declaring a final dividend. This move suggests management may be prioritizing capital reinvestment to strengthen the company's balance sheet or fund future growth initiatives after a period of losses. The market registered a muted response, with the company's stock experiencing a modest 1.154% decline during the session. Short selling activity was notable, with a total value of HKD 36.42 million as of March 25, 2026, indicating some investor skepticism or hedging against the stock's future performance.