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VPower Narrows Annual Loss as New Projects Advance and Myanmar JV Recovers

Story Highlights
  • VPower’s 2025 revenue and gross profit declined, but net loss narrowed on higher other income and stronger joint venture results.
  • New projects and the restored Myanmar joint venture capacity are expected to drive near-term financial contributions and bolster regional recovery.
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VPower Narrows Annual Loss as New Projects Advance and Myanmar JV Recovers

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VPower Group International Holdings Limited ( (HK:1608) ) has shared an update.

VPower Group International Holdings reported a 20.9% drop in revenue to HK$1.2 billion for 2025, with both its SI and IBO segments experiencing lower sales and a 29.7% decline in gross profit to HK$204.9 million. Despite the weaker topline, the loss attributable to shareholders narrowed by 13.6% to HK$201.5 million, aided by higher other income and gains and improved contributions from joint ventures.

Management highlighted that new projects secured during the year are progressing smoothly and are expected to contribute financially in the near term. The Group’s Myanmar joint venture has restored a large part of its generation capacity, signaling a return to profitability ahead and potentially strengthening VPower’s regional footprint and operational recovery trajectory.

More about VPower Group International Holdings Limited

VPower Group International Holdings Limited is a Hong Kong-listed power generation solutions provider operating through System Integration (SI) and Investment, Build and Operate (IBO) businesses. The Group focuses on distributed power generation projects, including joint ventures in emerging markets such as Myanmar, supplying modular generation capacity to utilities and industrial clients.

Average Trading Volume: 382,880

Technical Sentiment Signal: Sell

Current Market Cap: HK$727.4M

For an in-depth examination of 1608 stock, go to TipRanks’ Overview page.

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