---
title: "Toread expects a net profit attributable to shareholders of 30 million to 36 million yuan in the first three quarters, a year-on-year decrease of 64.62% to 70.51%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261585559.md"
description: "Toread expects its net profit attributable to shareholders for the first three quarters of 2025 to be between 30 million and 36 million yuan, a year-on-year decrease of 64.62% to 70.51%. The net profit after deducting non-recurring gains and losses is expected to be between 25 million and 29 million yuan, a year-on-year decrease of 68.20% to 72.59%. The decline in performance is mainly due to the impact of the market environment on the outdoor business and lower-than-expected sales of new products. Although the chip business is developing well, foreign exchange gains and losses have dragged down performance"
datetime: "2025-10-17T09:12:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261585559.md)
  - [en](https://longbridge.com/en/news/261585559.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261585559.md)
---

# Toread expects a net profit attributable to shareholders of 30 million to 36 million yuan in the first three quarters, a year-on-year decrease of 64.62% to 70.51%

According to the Zhitong Finance APP, Toread (300005.SZ) disclosed its performance forecast for the first three quarters of 2025. The company expects a net profit attributable to shareholders of the listed company to be between 30 million and 36 million yuan, a year-on-year decrease of 64.62% to 70.51%; the net profit after deducting non-recurring gains and losses is expected to be between 25 million and 29 million yuan, a year-on-year decrease of 68.20% to 72.59%.

The main reasons for the decline in the company's performance during this reporting period are: first, the outdoor business was affected by market conditions and the pace of new product iterations, resulting in product sales falling short of expectations; second, while the chip business is developing positively overall, foreign exchange gains and losses have negatively impacted performance; these factors combined have led to a decline in performance for this period

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