Latest 20-F annual reports

Guardforce AI Co., Limited announced its fiscal year 2025 financial results, highlighting revenue growth in its secured logistics segment and continued investment in its AI & Robotics Solutions business.

Intelligent Group Limited files Amendment No. 1 to its 2025 Annual Report on Form 20-F, primarily to update corporate governance disclosures and re-execute certifications.

DDC Enterprise Limited has filed its annual report for the fiscal year ended December 31, 2025, detailing financial performance, strategic shifts, and ongoing legal matters.

Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) announced a 10% increase in profit for 2025, reaching $226.9 million, driven by higher net interest income and increased fees from trade finance and structuring activities.

Braskem S.A. filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, detailing significant agreements, financial performance, and ongoing legal and operational matters.

TDH Holdings, Inc. reported a 121.96% increase in revenue from continuing operations to $1.25 million for the fiscal year ended December 31, 2025, as it continues its strategic focus on commercial real estate management.

Elong Power Holding Limited reported a reduced net loss in 2025, driven by a strategic shift to an asset-light model focused on energy storage systems and recent capital raises, despite ongoing operational challenges and a working capital deficit.

Chanson International reports stable revenue of $18.27 million for 2025 while navigating significant operational challenges and a complex VIE structure in China.

FST Corp. reports 31.4% revenue growth for fiscal year 2025 while navigating liquidity constraints and material weaknesses in internal controls.

Vinci Compass Investments Ltd. announced significant growth in assets under management and advisory, driven by strategic acquisitions and organic expansion.

AIOS Tech Inc. has finalized its strategic transformation by divesting its legacy Chinese supply chain financing business to focus on AI-driven IT services in Hong Kong.

Jayud Global Logistics reports a return to gross profitability in 2025 despite ongoing operational challenges and a net loss of RMB 37.8 million.

Lucas GC Limited reports a 2% revenue decline to RMB 1.04 billion for FY 2025, driven by a strategic shift toward outsourcing services amid a challenging recruitment market.

BrainsWay reports strong 2025 financial growth, achieving $52.2 million in revenue and $7.6 million in net income.

Macro Bank's 2025 results show a significant decrease in net income driven by lower gains on financial instruments and increased credit loss expenses, despite growth in net interest income.

Swvl Holdings Corp announced its fiscal year 2025 financial results, highlighting a significant increase in B2B revenue and a strategic shift towards higher-margin corporate contracts.

Daqo New Energy Corp. announced its 2025 financial results, reporting a decrease in revenue and a net loss, impacted by lower polysilicon prices and sales volume.

Tuniu Corporation's Form 20-F filing for the fiscal year ended December 31, 2025, details revenue growth driven by packaged tours, alongside strategic adjustments and ongoing risk management.

SOLAI Limited reported a net loss of $33.9 million for the year ended December 31, 2025, a significant increase from the previous year, driven by lower revenues and increased operating costs.

This filing details a translation amendment to the concession granted to Aeropuerto de Guadalajara, S.A. de C.V. by the Mexican Federal Government.

NaaS Technology reports a net loss of RMB450 million for 2025 while executing a strategic shift away from capital-intensive operations.

Polestar Automotive Holding UK PLC has filed a Form 20-F detailing its share capital structure, including Class A, B, and C shares, and the associated American Depositary Shares (ADSs), outlining rights and conversion terms.

Grifols, S.A. has entered into a new credit agreement for $3.25 billion, comprising term loans and a revolving credit facility, to refinance existing debt and for general corporate purposes.

Sea Limited achieved significant growth in 2025, reporting $22.9 billion in revenue and $1.6 billion in net income, driven by strong performance across its e-commerce, digital financial services, and digital entertainment segments.

CBL International Limited reports a net loss of $2.99 million for fiscal year 2025, driven by lower global bunker fuel prices despite an 8% increase in sales volume.

Companhia Energtica de Minas Gerais (CEMIG) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, detailing its financial performance, operational activities, and strategic outlook.

Turkcell announces robust financial performance for 2025, driven by subscriber growth and ARPU increases, while detailing progress on its 5G network expansion and strategic digital initiatives.

KNOT Offshore Partners reports 2025 net income of $23.3 million and increases quarterly common unit distributions to $0.05.

Super Group reported strong 2025 revenue growth of 21.6% to $2.2 billion, driven by expansion in Africa, Europe, and North America, alongside a strategic exit from U.S. operations.

Meiwu Technology Company Limited reports a significant net loss in 2025, driven by a strategic pivot to functional skincare and a new Bitcoin treasury strategy, following the termination of its former VIE structure and legacy businesses.