SUN.KING TECH (00580.HK): 2025 Revenue Expected to Rise 40%, Profit to Increase 30%
NewTimeSpace News: SUN.KING TECH(00580.HK) announced in a notice on January 14, 2026, that it expects to achieve revenue of approximately RMB 2.25 billion in 2025, a year-on-year increase of 40%, and profit to rise by about 30% year-on-year.
According to the notice, the core drivers of SUN.KING TECH's 2025 revenue growth come from two major business segments. On one hand, revenue in the flexible power transmission business has increased significantly, with key engineering order products being delivered successively and revenue recognized. On the other hand, the revenue from the company's self-produced Insulated Gate Bipolar Transistors (IGBTs) has grown steadily, benefiting from increased market expansion efforts and the gradual expansion of product market share.
Regarding profit growth, it is mainly driven by two factors: first, the revenue growth directly drives the increase in gross profit; second, the improvement of other income and gains, including exchange gains and gains from foreign exchange forward contracts signed to hedge against exchange rate risks in foreign currency purchases.
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