CITYCHAMP AM: It is expected that the net profit in the first half of 2025 will be between 14 million and 20 million yuan

CITYCHAMP AM announced that it expects the net profit attributable to the owners of the parent company for the first half of 2025 to be between 14 million and 20 million yuan, achieving a turnaround from loss to profit year-on-year. It is expected that the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses for the first half of 2025 will be between 9 million and 15 million yuan. The company's sales volume of electromagnetic wire business has increased compared to the same period last year, and measures such as reducing interest-bearing liabilities and optimizing the financing structure have lowered financing costs and improved operational efficiency