Chitwing: Expected net profit loss of 160 million yuan in the first half of 2025

Chitwing announced that from January 1, 2025, to June 30, 2025, the expected operating revenue is 800 million yuan, an increase of 43.73% compared to 557 million yuan in the same period last year; the expected net loss attributable to shareholders of the listed company is 160 million yuan, a decrease of 26.23% compared to a loss of 127 million yuan in the same period last year; the expected net loss after deducting non-recurring gains and losses is 166 million yuan, a decrease of 25.44% compared to a loss of 132 million yuan in the same period last year; the expected basic earnings per share is a loss of 0.6493 yuan/share, a decrease of 26.22% compared to a loss of 0.5144 yuan/share in the same period last year. To improve operations, the company is vigorously expanding its business in non-mobile precision structural components such as drones, smart home devices, smart wearables, and tablets. New business orders have increased, but the company is in the production ramp-up stage, with material consumption and debugging costs exceeding steady-state levels, negatively impacting short-term profits