China Securities Journal /www.cs.com.cn (Reporter Mr. Luo Wang) — KEDA Industrial Group (600499) released its financial report for the third quarter of 2025 on October 30.
The report shows that in the first 3 quarters of 2025, the company achieved revenue of RMB 12.605 billion, up 47.19% year-on-year. Net profit attributable to shareholders of the listed company reached RMB 1.149 billion, up 63.49% year-on-year, while net profit attributable to shareholders of the listed company excl. non-recurring profit or loss was RMB 1.062 billion, up 66.96% year-on-year.
In the third quarter alone, KEDA achieved revenue of RMB 4.417 billion, up 43.89% year-on-year, marking the highest level for the same period in history. Net profit attributable to shareholders reached RMB 404 million, up 62.65% year-on-year, and net profit attributable to shareholders excl. non-recurring profit or loss was RMB 362 million, up 53.25% year-on-year, continuing the strong growth momentum from the first half of the year.
During the reporting period, KEDA's ceramic machinery business continued to expand its global footprint. The company established a subsidiary in Egypt and added 8 new service sites in countries including India and Egypt, further strengthening its international service network. Meanwhile, KEDA actively advanced its service-oriented transformation and ceramic machinery generalization strategy. Its ink business posted solid growth, and the KAMI Turkey Ink Factory is currently under construction at the company's Turkey production base.
In its building materials business, KEDA's ceramic project in Côte D'Ivoire began mass production in July this year. As of now, the company operates 21 ceramic tile production lines, 2 glass production lines, and 2 sanitary ware production lines across 7 African countries, with an annual capacity exceeding 200 million ㎡ of ceramics, 400,000 tons of glass, and 2.6 million pieces of sanitary ware.
KEDA Industrial Group continues to upgrade its production lines and optimize manufacturing processes. The glass business has seen steady quarterly growth in both production and sales, while sanitary ware products have achieved improvements in cost efficiency and quality.
In the lithium battery materials sector, KEDA's artificial graphite products recorded nearly 70,000 tons in sales in the first 3 quarters, with both production and sales volume up more than 300% year-on-year, significantly boosting profitability. In the energy storage sector, large-cell materials have now entered mass production. In addition, KEDA's associate company, Lanke Lithium Industry, produced about 31,600 tons of lithium carbonate and sold 31,500 tons in the first 3 quarters, contributing RMB 271 million to KEDA's net profit attributable to shareholders.
The company stated that in the fourth quarter in 2025, it will continue to rely on its strategic planning, global expansion, and technologicalinnovation to drive the full achievement of its annual business goals.
