SHANGHAI, April 30, 2025-

Yanpai Filtration Technology Co. (Yanpai) of China released the earnings results for 2024 at the end of April. Revenue achieved a year-on-year increase of 8.75% to 784.61 million yuan ($108 million). Net profit attributable to owners of the parent plummeted by 35.72% to 42.18 million yuan. Net profit attributable to owners of the parent after deducing non-recurring profit and loss dropped by 16.05% to 41.42 million yuan.

Revenue of its nonwoven-related business grew by 9.6% to 390.37 million yuan, accounting for 49.75% of its total revenue. Revenue from the Chinese domestic market shot up by 9.78% to 494.37 million yuan, accounting for 63% of its total revenue. Revenue from the overseas market grew by 7.04% to 290.24 million yuan, accounting for 37% of its total revenue.

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