APT Electronics (02551) Expects Interim Revenue of RMB 1.08-1.178 Billion, Up 0%-10% Year-on-Year

Stock News08-21

APT Electronics (02551) announced that the group expects to achieve operating revenue of RMB 1.08 billion to RMB 1.178 billion during the reporting period (six months ended June 30, 2025), representing an increase of approximately 0%-10% compared to the six months ended June 30, 2024. However, the company expects to achieve net profit of RMB 10 million to RMB 20 million, a decrease of approximately 60%-80% compared to the six months ended June 30, 2024.

The primary reasons for the decrease in net profit during the reporting period were reduced profits from the intelligent automotive lighting business segment, specifically: (i) intensified competition in the automotive industry during the first half of 2025, leading to a periodic decline in unit selling prices; and (ii) in order to expand the group's future business development and actively implement strategic positioning, the company is investing in the construction of the Guangzhou Lingwei Vision Greater Bay Area headquarters and R&D base, resulting in increased related expenses.

Although these investments have periodically increased cost expenditures during the reporting period, they will help enhance the group's technical capabilities and order acquisition capacity, establishing a solid foundation for the group's long-term growth.

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