TAPAI Group's net profit in 2025 increased by 17.87% year-over-year to 634 million yuan, with a net profit target of 530 million yuan for 2026.

Source: Xinhua Finance

Xinhua Finance Beijing, March 18 (Luo Hao) Tapai Group released its 2025 annual report on the evening of March 18. The company’s revenue in 2025 decreased by 3.99% year-on-year to 4.107 billion yuan, net profit increased by 17.87% year-on-year to 634 million yuan, and net profit after non-recurring gains and losses grew by 10.50% to 377 million yuan. The company plans to distribute a cash dividend of 4.80 yuan (tax included) for every 10 shares, totaling approximately 564 million yuan.

Looking at quarterly performance, in Q4 2025, Tapai Group’s revenue declined by 11.61% year-on-year to 1.191 billion yuan, net profit dropped by 70.48% to 46.29 million yuan, and net profit after non-recurring gains and losses fell by 30.94% to 66.58 million yuan.

In the annual report, Tapai Group stated that in 2025, domestic cement prices showed a trend of “high at the beginning and low at the end, fluctuating downward.” In the first quarter, driven by policy guidance and industry self-discipline, the “anti-involution” process achieved phased results. Coupled with cost reduction, efficiency improvement, and diversified operations, overall net profit was restored. However, after the second quarter, the industry situation sharply worsened, with both volume and price declining, especially in Q4, where profit recovery was not significant, weakening the profit advantages accumulated in the first half of the year.

Notably, Tapai Group disclosed its operational goals for 2026 in the annual report: to produce and sell 16 million tons of cement, with a net profit target of 530 million yuan.

On the same day, Tapai Group also announced its 2026 employee stock ownership plan and a dual improvement plan for quality and returns. The company stated that in 2026, it will continue to implement shareholder return plans, effectively increase cash dividends, and plan to add medium-term dividends, increase dividend frequency, optimize dividend payout rhythm, and enhance investors’ sense of gain and happiness.

As of March 18, 2025, Tapai Group’s stock price closed at 9.47 yuan per share, with a total market value of approximately 11.12 billion yuan.

Editor: Wang Yuanyuan

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