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FINWIRES

Wedge Industrial 2025 Profit Up 2%, Revenue Rises 20%

-- Wedge Industrial (SHE:000534) posted 2025 attributable net profit of 197.0 million yuan, up 2.2% from 192.7 million yuan the previous year.

Earnings per share rose to 0.3887 yuan from 0.3776 yuan, according to a Tuesday filing with the Shenzhen bourse.

Operating revenue rose 20% year over year to 1.29 billion yuan from 1.08 billion yuan.

Shares of the real estate and building materials developer were down 5% Tuesday.

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