FUTURE MACH LTD(01401) announces profit increase, expecting a net profit of no less than 40 million yuan in 2025, representing a year-on-year increase of approximately 156%.
Future Machinery Limited (01401) announces that the group is expected to earn approximately 4.4 billion yuan in the annual period ending on December 31, 2025, an increase of about 51% from the earnings of approximately 2.917 billion yuan in the annual period ending on December 31, 2024. The group is expected to have a comprehensive net profit of not less than 40 million yuan during the reporting period, an increase of about 156% from the approximately 15.6 million yuan in the annual period ending on December 31, 2024.
FUTURE MACH LTD (01401) announced that the group is expected to generate revenue of approximately 4.4 billion yuan for the year ending December 31, 2025, representing a 51% increase compared to the revenue of approximately 2.917 billion yuan for the year ending December 31, 2024. The group is also expected to achieve a comprehensive net profit of no less than 40 million yuan for the reporting period, an increase of approximately 156% compared to the approximately 15.6 million yuan for the year ending December 31, 2024.
The significant revenue growth during the reporting period is mainly attributed to an increase of approximately 530 million yuan in mobile phone sales and approximately 950 million yuan in sales of IoT-related products. During the reporting period, the group's long-term customers continued to place substantial orders for new models of mobile phones and tablets. In addition, the group's electric bicycles and law enforcement products quickly gained market popularity, providing substantial revenue growth and additional profits for the group during the reporting period.
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