--- title: "TORCH ELECTRON announced a profit increase, with the net profit attributable to the parent company in the first half of the year estimated to be approximately 247 million to 280 million yuan, an increase of 50.36%-70.45%" type: "News" locale: "en" url: "https://longbridge.com/en/news/247768148.md" description: "TORCH ELECTRON expects a net profit attributable to the parent company of approximately 247 million to 280 million yuan in the first half of 2025, a year-on-year increase of 50.36%-70.45%. The company is experiencing a positive transformation in the electronic components sector, with growing market demand and a rebound in order volume, driving significant revenue growth. At the same time, the new materials segment focuses on cutting-edge technology research and development, with stable business growth contributing significantly to overall profitability" datetime: "2025-07-09T07:56:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/247768148.md) - [en](https://longbridge.com/en/news/247768148.md) - [zh-HK](https://longbridge.com/zh-HK/news/247768148.md) --- # TORCH ELECTRON announced a profit increase, with the net profit attributable to the parent company in the first half of the year estimated to be approximately 247 million to 280 million yuan, an increase of 50.36%-70.45% According to the announcement from Torch Electron (603678.SH), the company expects to achieve a net profit attributable to shareholders of the listed company of approximately RMB 247 million to RMB 280 million for the first half of 2025, representing a year-on-year increase of approximately 50.36% to 70.45%. During the reporting period, the electronic components sector of the company experienced a positive transformation, with the industry's prosperity gradually improving and market demand showing a growth trend. As a result, the company's order volume rapidly rebounded, significantly driving up revenue during the period. The company fully leveraged its advantages, deepened close communication with customers, ensured timely, sufficient, and high-quality supply, actively explored the market, and tapped into the potential of high value-added products, optimizing the product structure, which led to a substantial increase in profitability compared to the same period last year. At the same time, the company's new materials segment focused on the research and innovation of cutting-edge material technologies, with business operations progressing in an orderly manner, achieving steady development within the year. Compared to the same period last year, the new materials segment saw significant growth in both business scale and profitability, making a positive contribution to the company's overall profitability ### Related Stocks - [603678.CN](https://longbridge.com/en/quote/603678.CN.md) ## Related News & Research - [International Energy Agency Is Wrong To Forecast Coal's Demise](https://longbridge.com/en/news/286899857.md) - [Bond yields look attractive but might stay volatile](https://longbridge.com/en/news/286892571.md) - [Here's Why FSN E-Commerce Ventures (NSE:NYKAA) Has Caught The Eye Of Investors](https://longbridge.com/en/news/286881823.md) - [The Trading Awards: Voting is open until 19 May](https://longbridge.com/en/news/286793607.md) - [Rural America must lead the clean-tech energy revolution](https://longbridge.com/en/news/286768483.md)