Universal elevator: Net loss of 54.1182 million yuan in 2025.
Universal Elevator disclosed its annual report on April 26th, reporting that the company achieved operating income of 418 million yuan in 2025, a year-on-year decrease of 21.28%; the net profit attributable to the parent company was a loss of 54.1182 million yuan. During the reporting period, the company's operating income declined due to the downturn in downstream industries; some customers' ability to repay also decreased, prompting the company to make specific provisions for high-risk receivables based on prudence principles; the company conducted impairment tests on properties obtained through mortgage and made corresponding asset impairment provisions; the company implemented a restricted stock incentive plan, and recognized the corresponding share-based payment expenses in accordance with relevant provisions of enterprise accounting standards.
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