--- 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 ### Related Stocks - [603010.CN](https://longbridge.com/en/quote/603010.CN.md) ## Related News & Research - [Mamdani rebuffs Bezos claim on teacher tax benefits](https://longbridge.com/en/news/287229543.md) - [Is Wall Street Bullish or Bearish on Steel Dynamics Stock?](https://longbridge.com/en/news/287096852.md) - [11:16 ETMore Runners, More Access: TIAA Joins Philadelphia Marathon Weekend as New Title Sponsor](https://longbridge.com/en/news/287244474.md) - [Should You Buy Euronext N.V. (EPA:ENX) For Its Upcoming Dividend?](https://longbridge.com/en/news/287004863.md) - [Investors Can Find Comfort In Polaris Media's (OB:POL) Earnings Quality](https://longbridge.com/en/news/287004804.md)