HSSM issued a profit forecast, expecting a net profit attributable to the parent company of 48 million to 53 million yuan in the first quarter, a year-on-year increase of 72.14% to 90.07%
I'm LongbridgeAI, I can summarize articles.HSSM expects the net profit attributable to shareholders in the first quarter of 2025 to be between 48 million yuan and 53 million yuan, a year-on-year increase of 72.14% to 90.07%. The main reasons include the capacity increase after the production line of high-end intelligent composite materials of its wholly-owned subsidiary Hefei HSSM New Materials Co., Ltd. goes into operation, revenue growth from products, and the company's strengthened cost management and cost reduction measures, which drive the increase in gross profit margin
According to the Zhitong Finance APP, HSSM (002290.SZ) announced that the company expects a net profit attributable to shareholders of the listed company of 48 million to 53 million yuan in the first quarter of 2025, an increase of 72.14% to 90.07% year-on-year.
The reasons for the expected increase in net profit attributable to shareholders of the listed company in the first quarter of 2025 are: 1. The production capacity of the high-end intelligent composite material production line of the company's wholly-owned subsidiary Hefei HSSM has increased after it went into production, leading to growth in product revenue; 2. The company has strengthened cost management and actively implemented cost reduction and efficiency enhancement measures, resulting in an increase in the gross profit margin of the company's products compared to the same period last year