Foster: It is expected that the net profit in the first half of 2025 will decrease by 49.05% year-on-year.

Foster announcement is expected to achieve a net profit attributable to the owners of the parent company of 473 million yuan in the first half of 2025, a decrease of 455 million yuan compared to the same period of the previous year, a year-on-year decrease of 49.05%. It is expected that the net profit attributable to the owners of the parent company in the first half of 2025, excluding non-recurring gains and losses, will be 426 million yuan, a decrease of 473 million yuan compared to the same period of the previous year, a year-on-year decrease of 52.65%. The main reason for the performance reduction this time is the impact of factors such as overcapacity in the photovoltaic industry and intensified market competition. The purchase price of the company's raw material photovoltaic resin and the selling price of photovoltaic film products both decreased, leading to a decrease in the scale of operating income and comprehensive gross profit margin.