Vanjet Technology: Revenue is expected to increase by over 15% in 2025, with net profit still in the loss range.
Wanjie Technology announced that it is expected to achieve revenue of 1.075 billion to 1.115 billion yuan in 2025, an increase of more than 15% year-on-year, compared to 930 million yuan in the same period last year. It is projected to incur a net loss of 135 million to 185 million yuan, compared to a loss of 386 million yuan in the same period last year. The non-GAAP net loss is expected to be 165 million to 215 million yuan, compared to a loss of 402 million yuan in the same period last year. Benefiting from policy initiatives, the company has expanded its market share, leading to overall revenue growth, cost reductions, and lower impairment provisions. However, due to its commitment to its development strategy and maintaining high levels of investment, the net profit is still negative.
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