Foster’s net profit in 2025 was 770 million yuan, down 41.14% year-on-year.

Beijing Business Daily News (Reporter Ma Huanhuan, Li Jiaxue) reported: On the evening of April 8, Foster (603806) released its 2025 annual report, which shows that the company’s full-year net profit attributable to shareholders was approximately 770 million yuan, down 41.14% year over year.

The annual report shows that in 2025, Foster recorded operating revenue of approximately 15.491 billion yuan, down 19.1% year over year; corresponding net profit attributable to shareholders was approximately 770 million yuan, down 41.14% year over year. The company’s 2025 profit distribution proposal is to distribute cash dividends of 1.5 yuan for every 10 shares ( inclusive of tax ).

Foster stated that the sales volume of photovoltaic encapsulation films in this period was basically the same as the same period last year, but the sales price declined due to market impacts, resulting in a decline in photovoltaic encapsulation film operating revenue in this period compared with the same period last year; the sales volume of photovoltaic backplanes in this period decreased, and combined with the decline in sales prices, operating revenue fell by a large margin. In addition, the company’s net profit decline is mainly due to reduced profitability of photovoltaic products in this period and an increase in losses from new products, polyester films.