Q TECH (01478) Posts Profitable Results, Expects Yearly Comprehensive Profit to Increase by Approximately 400% to 450% Compared to the Previous Year.

Q TECH (01478) announces that it is expected that the comprehensive profit of the Group for the financial year ending December 31, 2025 will increase by approximately 400% to 450% compared to the financial year ending December 31, 2024. The Board of Directors believes that the expected significant year-on-year increase in comprehensive profit is mainly due to the following factors: the Group has been steadfastly implementing the "Q TECH (Group) Limited Five-Year (2021-2025) Business Development Strategic Plan", accelerating the business development of intelligent visual products in non-mobile phone fields. In the current year, the rapid development of the global intelligent driving and IoT intelligent terminal industries has driven a significant increase in the demand for camera modules and product specifications. The Group maintains good cooperation with leading global intelligent driving solution providers, handheld shooting equipment brands, and other leading IoT intelligent terminal brands, resulting in a doubling of sales of camera modules applied in other fields year-on-year, and driving steady growth in the Group's operating income; The Group continues to adhere to the operating strategy focusing on mid-to-high-end camera modules and fingerprint recognition modules, with significant increases in sales of periscope camera modules, optical stabilization camera modules, and ultrasonic fingerprint recognition modules year-on-year. The growth in sales of high-end products effectively improves the added value of the Group's products. At the same time, the Group has vigorously promoted intelligent transformation and digitization work, achieving significant progress in operating efficiency, development capability, quality capability, and delivery capability compared to the same period. The steady growth in operating income, effective improvement in product structure, and effective optimization of internal operations have collectively contributed to a significant improvement in the Group's gross profit margin; In the current year, the Group completed the sale of approximately 51.08% equity interest in its subsidiary Kunshan Q Tech Microelectronic (India) Private Limited (transaction), resulting in gains for the Group from the transaction. Additionally, the operating performance of a joint venture company of the Group also improved compared to the same period, resulting in the Group obtaining its share of profits from the joint venture company, whereas a loss was incurred in the same period.