Neo-Neon Profit Slumps in 2025 Despite Stable Revenue
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Neo-Neon Holdings (HK:1868) reported flat revenue of RMB750.6 million for 2025, a slight increase from RMB746.1 million in 2024. However, profit plummeted to RMB7.8 million from RMB37.9 million, with gross profit declining and expenses impacting margins. Earnings per share fell to RMB0.35 from RMB1.78, indicating significant earnings compression. The results highlight operational pressures and profitability challenges, suggesting a need for cost restructuring or growth in higher-margin sectors to improve shareholder returns.
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