ST is too heavy: Net profit is expected to increase by 10.88% year-on-year in 2025.

ST Heavy Industries will disclose its annual report on April 20th, with operating income reaching 10.379 billion yuan in 2025, a year-on-year increase of 5.65%; net profit attributable to shareholders was 237 million yuan, a year-on-year increase of 10.88%; and basic earnings per share were 0.0711 yuan. During the reporting period, the growth momentum of bulk products was strong, all businesses progressed in parallel, and the growth momentum continued to improve. The company won bids totaling 13.88 billion yuan throughout the year, a year-on-year increase of 13%. The annual export income was 2.6 billion yuan, a year-on-year increase of 19.37%.