Zixin Group triples net profit in FY2025
Zixin Group reported a remarkable 219.9% increase in net profit for FY2025, reaching $7.7 million, up from $2.4 million in FY2024. Earnings per share rose 183.5% to $0.50. Revenue grew 33.1% to $76.4 million, driven by new revenue streams and improved operational efficiency. Key segments contributing to growth included Cultivation and Supply, Product Innovation and Food Production, and Recovery and Recycling, with significant increases in production and sales of sweet potato products.
Net profit for the period hit $7.7m.
Zixin Group (Zixin) reported a 219.9% year-on-year (YoY) surge in net profit to $7.7m (RMB42.7m) in FY2025, up from $2.4m (RMB13.3m) a year ago.
Earnings per share rose 183.5% YoY to $0.50 (RMB2.75) from $0.17 (RMB0.97) in FY2024.
Revenue for the period grew 33.1% YoY to $76.400m (RMB424.7m), whilst gross profit rose 41.5% YoY to $26.000m (RMB144.4m).
The increase in net profit and revenue was driven by the introduction of new revenue streams, enhanced operational efficiency, and economies of scale achieved through capacity expansion. Sales volume also grew across all business segments.
The Cultivation and Supply (C&S) segment was mainly driven by increased production and sales of sweet potato seedlings and fresh sweet potatoes, contributing approximately 0.3% and 23.5% of total revenue, respectively.
The Product Innovation and Food Production (PIFP) segment, which focuses on processed sweet potato products, recorded a 24.1% YoY revenue increase, supported by new product launches, capacity expansion, and higher production output.
Meanwhile, the Recovery and Recycling (R&R) segment contributed an additional revenue stream in the second half of FY2025 through the production and sale of probiotic-infused fermented sweet potato feedstock derived from agricultural waste.
