Shandong HiSpeed New (1250.HK) Q2 2025 Earnings Report

Shandong HiSpeed New Energy Group Limited delivered a strong QQ2 2025 performance with a substantial year-over-year revenue increase and improved profitability metrics, supported by a favorable gross margin and an expanding project pipeline. Revenue of HKD 2,629,430,332 generated a gross profit of HKD 1,318,745,846 and an EBITDA of HKD 2,009,506,042, yielding EBITDA margin of 76.4% and an operating margin of 41.7%. Net income for the quarter was HKD 314,306,310, with earnings per share of HKD 0.14, highlighting a pronounced YoY uplift (EPS YoY +4,342%). The quarter, however, shows a flat sequential trajectory (QoQ revenue change 0.0%), suggesting the growth is front-loaded in the year and tied to project ramp-ups rather than a broad-based quarterly acceleration. Management commentary (where available) would typically emphasize pipeline execution, capacity ramp, and project monetization; however, the earnings transcript is not provided in the data, so explicit call-long guidance quotes could not be incorporated here.