Jilin OLED issued a profit warning, expecting a net profit attributable to the parent company of 25 million to 29 million yuan for the half-year, a year-on-year decrease of 68.41% to 72.77%
I'm LongbridgeAI, I can summarize articles.Jilin OLED expects its net profit attributable to shareholders for the first half of 2025 to be between 25 million yuan and 29 million yuan, a year-on-year decrease of 68.41% to 72.77%. Although material sales revenue increased by approximately 20% year-on-year, the significant decline in sales revenue from evaporation source equipment led to a year-on-year decrease in operating revenue of 15.23% to 21.07%
According to the announcement from Jilin OLED (688378.SH), the company expects to achieve a net profit attributable to the owners of the parent company of between 25 million and 29 million yuan for the first half of 2025, a decrease of 62.8132 million to 66.8132 million yuan compared to the same period last year, representing a year-on-year decrease of 68.41% to 72.77%.
During the reporting period, material sales revenue increased by approximately 20% year-on-year, but due to a significant decline in sales revenue from evaporation source equipment, which decreased by 81.70% to 82.46% year-on-year, operating revenue decreased by 15.23% to 21.07% year-on-year; net profit and net profit excluding non-recurring gains and losses declined significantly