GEEKPLUS-W Forecasts Adjusted Net Profit of 25-45 Million Yuan for 2025, Turning Loss into Gain

Stock News02-24

GEEKPLUS-W (02590) has announced its projections for 2025. The group anticipates achieving revenue between approximately 3.14 billion and 3.18 billion yuan, representing a year-on-year increase of about 30% to 32%. The net loss attributable to the company's shareholders is expected to be in the range of 30 million to 10 million yuan, narrowing significantly by approximately 96% to 99% compared to the previous year. The company forecasts an adjusted net profit of about 25 million to 45 million yuan for the reporting period, a notable turnaround from an adjusted net loss of approximately 92 million yuan during the same period in 2024. The increase in revenue is primarily attributed to a higher volume of completed deliveries for its warehouse mobile robotics solutions during the period. The shift from an adjusted net loss to an adjusted net profit was mainly driven by further enhancements in the warehouse mobile robotics solutions business, leading to increased revenue and a corresponding rise in gross profit.

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