Keda Group issued a profit forecast, expecting a net profit attributable to the parent company of 700 million to 790 million yuan for the half-year, a year-on-year increase of 54.03% to 73.83%

Keda Group expects its net profit attributable to shareholders for the first half of 2025 to be between 700 million and 790 million yuan, a year-on-year increase of 54.03% to 73.83%. The company benefits from the new production capacity of building ceramic products, optimized pricing strategies, and the expansion of its glass business, enhancing overall profitability. Projects in Africa and South America are underway, while the ceramic machinery business has seen a decline due to a slowdown in industry demand