---
title: "\"Performance\" Seazen's annual net profit is 393 million RMB, down 19.9%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280940580.md"
description: "Seazen announced its full-year results for the year ending December last year, with a revenue of RMB 53.136 billion, a year-on-year decrease of 40.4%. The net profit was RMB 393 million, a year-on-year decrease of 19.9%; earnings per share were 6 cents, with no dividend declared. The gross profit was approximately RMB 12.401 billion, with a gross profit margin of 23.3%, an increase of 6.5 percentage points year-on-year. The total borrowings were approximately RMB 54.758 billion, a year-on-year decrease of 5.15%; the weighted average cost of borrowing was 5.81%, a year-on-year decrease of 0.07 percentage points. The net debt to equity ratio was 58.3%"
datetime: "2026-03-30T01:49:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280940580.md)
  - [en](https://longbridge.com/en/news/280940580.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280940580.md)
---

# "Performance" Seazen's annual net profit is 393 million RMB, down 19.9%

Seazen (01030.HK) announced its full-year results for the year ended December last year, with a revenue of RMB 53.136 billion, a year-on-year decrease of 40.4%. The net profit was RMB 393 million, a year-on-year decrease of 19.9%; earnings per share were 6 cents. No dividend was declared.

Gross profit was approximately RMB 12.401 billion; the gross profit margin was 23.3%, an increase of 6.5 percentage points year-on-year.

The total borrowings amounted to approximately RMB 54.758 billion, a year-on-year decrease of 5.15%; the weighted average cost of borrowing was 5.81%, a year-on-year decrease of 0.07 percentage points. The net debt to equity ratio was 58.3%

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