Lesso Group Holding Limited has published its annual results for 2025

Revenue: 24.315 billion yuan, final dividend: HK$0.20 per share.

Main focus: pipeline systems, development path: international expansion

March 31, 2026 large group of pipes and building materials in Hong Kong: Lesso Group Holding LimitedLesso Group Holding Limited (Hong Kong Stock Exchange: 2128) has released results for the year ended December 31, 2025.

The main pipe business maintained stable operations, while sales remained at the level of 2024. Revenue totaled 24.315 billion yuan compared to 27.026 billion a year earlier. Gross profit - 6.683 billion against 7.293 billion, profitability-27.5% against 27.0%. Net profit margin was 5.0% versus 6.1%. Profit attributable to owners decreased by 25.1% to 1.262 billion yuan from 1.684 billion yuan. Basic earnings per share: 0.41 yuan versus 0.55.

The Board of Directors proposed a final dividend for 2025 of HK$0.20 per share, the same as in 2024.

The Group has focused on the main area of plastic pipe production, participating in urban renewal, grid modernization and wastewater treatment projects. The share of agricultural pipes in China has increased, while the markets in Africa and Southeast Asia have expanded.

Overseas production bases have been established in Indonesia, Thailand, Malaysia, Cambodia, Vietnam, the Philippines, Tanzania, Angola and Uzbekistan. Localization unites three main regions of Southeast Asia, Africa and North America.

Research on special industrial pipes has yielded leading international results. The use of high-value-added products has been expanded, and smart factories have enabled digitalization and high capacity utilization. The group has received industry awards.

The group took the 338th place in the list of 500 brands of Chinese companies listed on the stock exchange, the 8th place in the list of 100 scientific and technical companies of the light industry and entered the top ten pipe and environmentally friendly brands of 2025. They assess the overall strength, innovation, and growth potential of the group.

Continuation

In 2026, on the 40th anniversary of its founding, the group is focusing investments in the core pipe business, research, special industrial and high-quality environmental pipes. The goal is to develop urban, agricultural, and industrial markets by increasing the majority share.

At the same time, the commissioning of 10 overseas bases in Nigeria, Bangladesh, Texas and other locations is accelerating, completing the production and market network in Southeast Asia, Africa, South and North America.

Huang Lianxi, Chairman of the Management Board and CEOHe noted: "The group will adhere to a cautious strategy, improve financial management, debt structure and cash flows, the dividend mechanism and the risk system, ensuring sustainable development."

The end

About Lesso Group Holding Limited

Lesso Group Holding Limited (Hong Kong Stock Exchange: 2128) is a leading pipe and building materials group. For more than 39 years, with quality products and services in the fields of plastic pipes, home solutions and new energy, he has become an industry leader.

The Group has more than 50 factories and a global sales network. Hundreds of thousands of products are used in decoration, construction, urban water supply and sanitation, energy, telecommunications, gas supply, fire protection, environmental protection, agriculture and marine fisheries.

For additional questions:

iPR

Liu Lian / Li Anjiang / Zhao Wenhui

Phone: (852) 2136 6185

Email address: lesso@ipr.com.hk