华明装备2025年度归母净利润7.08亿元，同比增长15.29%

Core Viewpoint - Huaming Equipment (002270.SZ) reported a revenue of 2.425 billion yuan for the year 2025, marking a year-on-year increase of 4.43% and a net profit attributable to shareholders of 708 million yuan, up 15.29% [1] Revenue Breakdown - The core business of the company, power equipment, achieved a revenue of 2.1 billion yuan, reflecting a year-on-year growth of approximately 16%, and for the first time surpassed 2 billion yuan [1] - Revenue from overseas customers in the power equipment segment (including direct and indirect exports) increased by about 47% [1] - The CNC equipment business generated a revenue of 244 million yuan, showing a year-on-year increase of approximately 40%, with export revenue soaring by about 233% [1] - The power engineering business reported a revenue of 29 million yuan, which represents a significant year-on-year decrease of approximately 90% [1]