Jimei reports flat sales, declining margins
Jimei New Material, the Shenzhen-based acetate sheet supplier for the eyewear industry, reported fiscal 2025 revenue of RMB 304.9 million (€39 million), up 0.9 percent year on year. Profitability weakened, with gross margin down 3 percentage points to 35.1 percent on higher manufacturing costs. Operating margin fell to 22.7 percent ...
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