Foxconn Industrial Internet (SHA:601138) forecasts attributable profit to have risen 56% to 63% to between 12.6 billion yuan and 13.2 billion yuan in the fourth quarter of 2025, according to a Thursday filing with the Shanghai bourse.
Full-year profit is seen to have jumped 51% to 54% year over year to between 35.1 billion yuan and 35.7 billion yuan.
The electrical and telco equipment maker attributed the rise in both the fourth quarter and the full year to higher revenue from its cloud service, the filing said.
Shares fell nearly 5% during afternoon trading on Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments