Hymson Laser Technology Group Co.,Ltd. (688559.SH) has issued its annual performance forecast for 2025, anticipating a net loss attributable to owners of the parent company that has increased compared to the same period last year (based on legally disclosed data). The company expects to report a net loss attributable to owners of the parent company in the range of 850 million to 910 million yuan.
The increased loss is attributed to overcapacity in the lithium battery and photovoltaic industries, which has intensified market competition and led to persistently low product prices. Compounding these challenges, the company has faced greater difficulties in cost control, placing significant operational pressure on the business.
Furthermore, in accordance with Chinese Accounting Standards and the principle of prudence, the company conducted impairment tests on projects currently in the delivery phase and has made corresponding provisions for impairment losses, which have negatively impacted the current period's profit.
Additionally, to ensure long-term development, the company has continued to substantially increase strategic R&D investments and is actively expanding into overseas markets. The associated expenses have also risen in the short term, further affecting the profit performance for this reporting period.
Taking all the above factors into account, the company's net loss for the reporting period has widened compared to the net loss reported for the same period last year (based on legally disclosed data).
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