Editor's Note
Marco Polo’s 2025 revenue dip signals softening demand in China’s building ceramics market, but stronger cash flow and asset growth suggest operational resilience. For fabricators and distributors, this underscores the importance of inventory discipline and supplier financial health. The 8.8% profit decline may pressure pricing, offering buyers leverage in negotiations, while the cash dividend reflects stable shareholder returns.
Marco Polo 2025 revenue 6.458 billion yuan, net profit attributable to parent 1.21 billion yuan.
On April 28, Marco Polo Holdings Co., Ltd. released its 2025 annual report.
The report shows that Marco Polo achieved operating revenue of 6.458 billion yuan in 2025, a year-on-year decrease of 11.83%; net profit attributable to shareholders of the listed company was 1.21 billion yuan, down 8.80% year-on-year; net cash flow from operating activities was 2.100 billion yuan, up 16.28% year-on-year.
Marco Polo focuses on the R&D, production, and sales of building ceramics, owning two major brands: "Marco Polo Tiles" and "L&D Weimei Ceramics." It is the top revenue-generating enterprise in China's building ceramics industry. As of the end of the reporting period, total assets were 16.175 billion yuan, up 13.64% from the end of the previous year; net assets were 12.075 billion yuan, up 24.98%.
The board of directors approved a profit distribution proposal, based on 1.195 billion shares, to distribute a cash dividend of 3.00 yuan (including tax) for every 10 shares held by all shareholders.
Source: Read the original article | Published: April 28, 2026