ST Tianwei: The net profit attributable to the parent company in the first half of the year is expected to increase by approximately 2064.85% year-on-year.

ST Tianwei disclosed its performance forecast for the first half of 2025 on the evening of July 29th, expecting the net profit attributable to the parent company to increase by approximately 28.6745 million yuan compared to the same period last year, representing a year-on-year increase of about 2064.85%. The net profit attributable to the parent company in the same period last year was 1.3887 million yuan. This year, driven by national macro policies, the annual task progress of vehicles has accelerated. As a result, the delivery pace of products has also increased with the faster production progress of the final assembly plant, leading to a significant increase in the company's order volume and revenue in the first half of 2025. Additionally, compared to the same period last year, management expenses have decreased due to the cancellation of stock incentives, and impairment losses have been reduced, resulting in a substantial increase in the net profit attributable to the parent company for the first half of 2025.