Kaiteng Precision: Expected net profit in 2025 to increase by 49.52% to 62.52% year-on-year
Kaiteng Precision Engineering announced that it expects to achieve a net profit attributable to shareholders of the listed company of between 23 million and 25 million yuan for the year 2025, representing a year-on-year increase of 49.52% to 62.52%. The net profit attributable to shareholders of the listed company, after deducting non-recurring gains and losses, is expected to be between 7.5 million and 9.5 million yuan, a year-on-year decrease of 48.01% to 34.15%. The company expects the increase in net profit to be mainly due to compensation received from the relocation of its subsidiary Changsha Jingda to a new factory, which has a significant impact on the net profit before deductions for this reporting period
