LTH issued a profit warning, expecting a net profit attributable to the parent company of 35 million to 50 million yuan in the first half of the year, a year-on-year decrease of 62.64% to 73.85%
I'm LongbridgeAI, I can summarize articles.LTH expects its net profit attributable to shareholders in the first half of 2025 to be between 35 million yuan and 50 million yuan, a year-on-year decrease of 62.64% to 73.85%. The net profit after deducting non-recurring gains and losses is expected to be between 2 million yuan and 17 million yuan, a year-on-year decrease of 73.05% to 96.83%. The decline in performance is mainly due to a significant drop in the sales prices of major products, resulting in a substantial decrease in gross profit margin
According to the Zhitong Finance APP, LTH (000912.SZ) disclosed its performance forecast for the first half of 2025, expecting a net profit attributable to shareholders of the listed company to be between 35 million and 50 million yuan, a year-on-year decrease of 62.64% to 73.85%; the net profit after deducting non-recurring gains and losses is expected to be between 2 million and 17 million yuan, a year-on-year decrease of 73.05% to 96.83%.
The announcement stated that the main reason for the decline in the company's performance in the first half of 2025 compared to the same period last year is the significant decrease in the sales prices of the company's main products compared to the same period last year, leading to a substantial decline in gross profit margin