Tianyu Semiconductor expects a net loss of RMB55-65 million for FY2025, versus a net loss of RMB500.3 million in FY2024. The company attributed the narrower loss mainly to the absence of an FY2024 one-off inventory write-down of RMB315.1 million and a year-on-year revenue increase of about RMB190 million. It said FY2025 results were affected by non-operational items including a foreign exchange loss of about RMB9.5 million and non-recurring listing expenses of about RMB15 million. The group also recorded an impairment provision on trade receivables of RMB15-25 million and said it has collected over RMB460 million, or over 50% of receivables outstanding at year-end.
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