Demand is strong in shipbuilding, power grids, and energy minerals. Flantrek's net profit in 2025 is expected to increase by 37.35% year-over-year.

On March 26, Fantech (603966.SH) announced its 2025 annual performance brief. The full-year revenue was 2.419 billion yuan, up 13.59% from 2.129 billion yuan in the same period last year; total profit was 292 million yuan, up 44.15% from 203 million yuan last year; net profit attributable to shareholders of the listed company was 229 million yuan, up 37.35% from 167 million yuan last year; net profit excluding non-recurring gains and losses was 197 million yuan, up 24.67% from 158 million yuan last year; basic earnings per share were 0.6035 yuan, compared to 0.4645 yuan last year, an increase of 29.92%.

The announcement states that the main reason for the performance change is the overall improvement in the prosperity of the company’s core material handling solutions business. Specifically, some downstream industries have continued to grow strongly, with demand in key areas such as shipbuilding, power grids, and energy minerals remaining robust; leading downstream companies are accelerating their deployment of new productive forces, with high-end equipment like intelligent cranes experiencing rapid growth; industry concentration is steadily increasing, with market share consolidating among top companies; global infrastructure and industrial investment are improving, with demand in overseas niche markets continuously releasing; major projects such as water conservancy and hydropower are accelerating, continuously driving new demand for material handling equipment. Multiple factors combined are jointly promoting the company’s high-quality development during this high-growth cycle.