--- title: "ERA: It is expected that the net profit attributable to the parent company in the first half of the year will decrease by 60%-69% year-on-year" type: "News" locale: "en" url: "https://longbridge.com/en/news/248127401.md" description: "On July 11th, ERA announced that it expects the net profit attributable to the parent company in the first half of 2025 to be between 38.8426 million yuan and 50.1195 million yuan, a year-on-year decrease of 60% to 69%. The main reason for the company's performance change is the impact of downstream demand, which has led to a decrease in sales volume of domestic pipeline business, a decline in sales prices and gross profit margins, as well as overall operational pressure in the solar industry, resulting in reduced profitability" datetime: "2025-07-11T09:00:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/248127401.md) - [en](https://longbridge.com/en/news/248127401.md) - [zh-HK](https://longbridge.com/zh-HK/news/248127401.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/248127401.md) | [繁體中文](https://longbridge.com/zh-HK/news/248127401.md) # ERA: It is expected that the net profit attributable to the parent company in the first half of the year will decrease by 60%-69% year-on-year On July 11th, ERA announced that it expects a net profit attributable to the parent company of RMB 38.8426 million to RMB 50.1195 million in the first half of 2025, a year-on-year decrease of 60% to 69%. The main reason for the company's performance change is the impact of downstream demand, leading to a decrease in sales volume of domestic pipeline business, a decline in sales prices and gross profit margins, as well as overall operational pressure in the solar industry, resulting in reduced profitability ### Related Stocks - [ERA (002641.CN)](https://longbridge.com/en/quote/002641.CN.md) ## Related News & Research - [Assessing Develop Global’s Valuation After Strong Half Year Earnings And Recent Share Price Pullback](https://longbridge.com/en/news/279106199.md) - [Antares Vision Updates Share Capital After Incentive-Plan Share Issues](https://longbridge.com/en/news/279120394.md) - [Swire Pacific (SEHK:19) One Off HK$6.7b Loss Tests Bullish Earnings Growth Narrative](https://longbridge.com/en/news/279080849.md) - [BYD weighs Canada plant, legacy automaker buyout amid global push](https://longbridge.com/en/news/278974771.md) - [BYD's Brazil plant secures 100,000 export orders for Argentina, Mexico](https://longbridge.com/en/news/279092045.md)