---
title: "WSFR: It is expected that the net profit for the first half of 2025 will decrease by 56.15% year-on-year to 70.77%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/248361679.md"
description: "WSFR expects its net profit for the first half of 2025 to decrease by 56.15% to 70.77% year-on-year, with a projected net profit attributable to shareholders of the listed company ranging from 22 million yuan to 33 million yuan. After deducting non-recurring gains and losses, the net profit is expected to be between 19 million yuan and 28 million yuan, a year-on-year decrease of 69.33% to 79.19%. The main reason is that its wholly-owned subsidiary, Shandong Wansheng New Materials Co., Ltd., has newly constructed a production base, and the production capacity has not yet been fully released, resulting in increased fixed asset depreciation and management expenses"
datetime: "2025-07-14T07:47:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/248361679.md)
  - [en](https://longbridge.com/en/news/248361679.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/248361679.md)
---

# WSFR: It is expected that the net profit for the first half of 2025 will decrease by 56.15% year-on-year to 70.77%

WSFR announced that it expects to achieve a net profit attributable to shareholders of the listed company of between 22 million and 33 million yuan for the first half of 2025, a year-on-year decrease of 56.15% to 70.77%. After deducting non-recurring gains and losses, it expects to achieve a net profit attributable to shareholders of the listed company of between 19 million and 28 million yuan for the first half of 2025, a year-on-year decrease of 69.33% to 79.19%. This is mainly due to the company's wholly-owned subsidiary, Shandong Wansheng New Materials Co., Ltd., which is building a new production base, and the capacity ramp-up has not fully released scale effects. During this reporting period, the increase in costs such as fixed asset depreciation and management expenses has led to a decrease in the company's net profit compared to the same period last year

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