Cambricon Technologies Anticipates Turning Profit in 2025 with Net Income Forecast Between 1.85 and 2.15 Billion Yuan

Deep News02-08

Cambricon Technologies Corporation Limited announced on January 30 that it expects net profit attributable to shareholders of the listed company to reach between 1.85 billion yuan and 2.15 billion yuan in 2025, marking a return to profitability compared to the same period last year. During the reporting period, the company benefited from the continuously rising demand for computing power in the artificial intelligence industry. Leveraging the strong competitiveness of its products, the company continued to expand its market presence and actively promoted the implementation of AI application scenarios. As a result, operating revenue increased significantly year-over-year, driving an overall improvement in the company's operating performance and achieving a turnaround from loss to profit.

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