Revenue Decline! Tostar's Injection Molding Machine and Related Business Gross Interest Rate Increased in the First Half of 2025!
Recently, Topstar disclosed its performance report for the first half of 2025. During the reporting period, the company achieved a revenue of 1.086 billion yuan, a decrease of 36.98% compared to the same period last year. The net profit attributable to shareholders was 28.7322 million yuan, down 19.75% year-on-year; the net profit excluding non-recurring items was 20.4284 million yuan, a decline of 28.53%. According to the announcement, the decline in revenue was mainly due to a 67.20% reduction in the scale of the intelligent energy and environmental management systems business.

According to the information, TOPSTAR focuses on industrial robots, injection molding machines, and CNC machine tools as its core intelligent equipment, building a smart hardware platform driven by core technologies to provide overall intelligent manufacturing factory solutions for manufacturing enterprises. During the reporting period, although the company's revenue declined, its product-related businesses (including industrial robots, injection molding machines and related equipment, and CNC machine tools) showed overall growth, with revenue increasing by 22.66% year-on-year.
It is reported that the company’s injection molding machine business achieved operating revenue of 79.3491 million yuan, representing a year-on-year decrease of 31.29%. However, with the optimization of the product structure of traditional hydraulic injection molding machines, the gross profit margin of this business improved, increasing by 6.46 percentage points year-on-year. In addition, the supporting equipment and automatic feeding system business for injection molding machines achieved operating revenue of 149.3034 million yuan, representing a year-on-year increase of 29.64%.
The announcement indicates that the decline in injection molding machine business revenue is primarily due to the company's optimization of resource allocation in the injection molding machine sector, streamlining the product line structure of traditional hydraulic injection molding machines, resulting in a reduction in revenue from traditional hydraulic injection molding machines. Meanwhile, the growth in revenue from injection molding machine ancillary equipment and automatic feeding systems is mainly attributed to the company's prominent market position in related products, the optimization of sales strategies, and improvements in product quality. Additionally, the significant impact of expanding overseas markets has led to a rapid increase in related orders.
Although TOSDA’s revenue in the first half of 2025 declined due to strategic adjustments, its core injection molding machine and related businesses still demonstrated positive resilience amid the structural transition. Industry experts believe that the company should continue to optimize its business structure and enhance the profitability of its main business to better cope with further market changes in the future.
Since 2025, TSD has been focusing on its core operations in robotic arms and injection molding auxiliary machines, while also concentrating on three main products: robots, injection molding machines, and CNC machine tools, continuously enhancing its "profit-making effect." At the same time, it is forming a "robots + injection molding machines + CNC machine tools" combination to create comprehensive solutions in fields such as packaging and medical.
At the 2025 International Rubber and Plastics Exhibition held in April, Techstar launched the "Smart Injection Molding Automation Production Line Solution for the High-speed Packaging Industry," which integrates the entire process including injection molding, robotic material picking and stacking, and intelligent robot picking. This solution meets customers' needs for multi-category production, quick changeovers, and high capacity.
In the future, as downstream industries continuously raise their demands for precision, efficiency, and environmental protection, Tuosida is proactively optimizing its product structure and upgrading towards high value-added and electrification, presenting vast market expansion opportunities. Furthermore, by deeply integrating into globalization and intelligentization strategies, Tuosida is expected to better cope with domestic market competition while also gaining more new growth points.
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