Breton Technology
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Breton Technology (1333) investor relations material

Breton Technology H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H2 2025 earnings summary30 Mar, 2026

Executive summary

  • Achieved revenue of RMB779.5 million for 2025, up 22.7% year-over-year, driven by strong demand for battery-electric wide-body dump trucks.

  • Gross profit rose 133.9% to RMB86.2 million, with gross margin improving to 11.1% from 5.8% in 2024.

  • Loss for the year increased 15.9% to RMB318.2 million, mainly due to higher impairment losses and income tax expenses.

  • Strategic focus on electrification, autonomous mining equipment, and overseas PV-energy storage projects.

Financial highlights

  • Revenue: RMB779.5 million (2025) vs RMB635.5 million (2024), +22.7% year-over-year.

  • Gross profit: RMB86.2 million (2025) vs RMB36.8 million (2024), +133.9% year-over-year.

  • Gross margin: 11.1% (2025) vs 5.8% (2024), +5.3 percentage points.

  • Loss for the year: RMB318.2 million (2025) vs RMB274.5 million (2024), +15.9% year-over-year.

  • Basic and diluted loss per share: RMB0.86 (2025) vs RMB0.78 (2024).

Outlook and guidance

  • Plans to consolidate leadership in new energy mining equipment and autonomous solutions.

  • Focus on tiered intelligent mine demonstration projects, mass production of autonomous mining trucks, and expansion in Africa and Southeast Asia.

  • Continued R&D in battery-electric and autonomous vehicles, with emphasis on scenario adaptability and global market penetration.

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