NATIONSTAR: Expected net profit in the first half of 2025 to decline by 55.55%-64.44% year-on-year

NATIONSTAR announced that it expects the net profit attributable to shareholders of the listed company from January 1, 2025, to June 30, 2025, to be between 20 million and 25 million yuan, a year-on-year decrease of 55.55% to 64.44%; the net profit after deducting non-recurring gains and losses is expected to be between 7 million and 13 million yuan, a year-on-year decrease of 63.98% to 80.61%. The basic earnings per share is expected to be between 0.0323 yuan/share and 0.0404 yuan/share, a year-on-year decrease of 64.44% to 64.44%. The performance change is mainly due to intensified market competition, a decline in sales prices of certain products, and an increase in the prices of materials such as precious metals leading to a year-on-year decrease in gross profit