ST Juewei: Revenue expected to decrease by 12.09%-15.29% and net profit expected to be in loss in 2025.
ST Jiawei announced that it is expected to achieve operating income of 5.3 billion to 5.5 billion yuan in 2025, a year-on-year decrease of 12.09% to 15.29%; the net profit attributable to owners of the parent company is expected to be -220 million to -160 million yuan, compared to a profit of 2.27 billion yuan in the same period last year; non-recurring net profit is expected to be 70 million to 100 million yuan, a year-on-year decrease of 50.72% to 65.51%. The main reason for the expected loss is the structural adjustment pressure faced by the consumer industry, the company's operating pressure, insufficient capacity utilization, increased non-operating expenses and investment losses.
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