"Profit Warning" Novosense revenue increases, estimated annual loss narrows
NOVOSENSE (02676.HK) issued a profit warning, expecting a loss of between RMB 200 million and RMB 250 million for the fiscal year 2025, compared to a loss of RMB 403 million in the previous year, narrowing by RMB 153 million to RMB 203 million. This is mainly attributed to the robust growth in demand in the downstream automotive electronics sector, as well as the consolidation of Maiguan, which enriched the company's product matrix. Its business contribution has a positive impact on revenue growth for this period, with full-year operating revenue expected to increase by 68.3%-73.5%, reaching RMB 3.3 billion to RMB 3.4 billion
Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments