Welgao issued a profit forecast, expecting a net profit attributable to the parent company for the half-year to be between 43 million yuan and 50 million yuan, a year-on-year increase of 12.55% to 30.87%
I'm LongbridgeAI, I can summarize articles.Welgao expects its net profit attributable to shareholders for the first half of 2025 to be between 43 million yuan and 50 million yuan, a year-on-year increase of 12.55% to 30.87%. Benefiting from the growing demand for printed circuit boards in the artificial intelligence market and the expansion of new customers, the company has made progress in product upgrades and technological breakthroughs, resulting in significant order growth. Meanwhile, the new factory in Thailand is operating stably, with improved cost control and yield, achieving profitability in the second quarter
According to the Zhitong Finance APP, Welgao (301251.SZ) announced that the company expects the net profit attributable to shareholders of the listed company for the first half of 2025 to be between 43 million yuan and 50 million yuan, an increase of 12.55% to 30.87% year-on-year.
Benefiting from the incremental demand for printed circuit boards in the artificial intelligence market and the expansion of new overseas customers, the company has seen good growth in orders due to upgrades and iterations of thick copper board (motor, electric control, power, AC-DC, DC-DC) products, breakthroughs in high-layer, high-thick copper, and buried copper block HDI technology. At the same time, the operation of the new factory in Thailand is gradually stabilizing, costs are effectively controlled, and yield rates are improving, leading to a turnaround from loss to profit in the second quarter. Therefore, it is expected that the company's operating revenue and net profit for the first half of 2025 will both show significant growth compared to the same period last year