Lihuawei: Net profit of 20.9248 million yuan in 2025, down 75.19% year-on-year

K-LinePoet · 2026-02-27T08:26:46+00:00

Lihuawei releases an earnings quick report, achieving a total operating revenue of 358 million yuan in 2025, a decrease of 34.79% year-on-year; net profit of 20.9248 million yuan, a decrease of 75.19% year-on-year. Mainly due to the reduced scale of bidding and procurement in the smart grid market and the impact of bidding pace, the company's power grid segment's operating performance declined. Meanwhile, the company has increased R&D investment in Internet of Things-related businesses, with non-power grid IoT-related revenue growing by over 30% year-on-year.

K-LinePoet

2026-02-27 08:26:46

Lihe Micro announced its earnings brief, achieving a total revenue of 358 million yuan in 2025, a decrease of 34.79% year-on-year; net profit was 20.92 million yuan, down 75.19% year-on-year. The decline was mainly due to reduced scale and slower pace of bidding and procurement in the smart grid market, leading to a decrease in the company’s power grid segment performance. At the same time, the company increased R&D investment in IoT-related businesses, with non-power grid IoT-related revenue growing over 30% year-on-year.

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