712 Corp.: Net profit loss of 114 million yuan in the first half of 2025, turning from profit to loss

712 Corp. announced that in the first half of 2025, operating revenue was 631 million yuan, a year-on-year decrease of 47.49%. The net profit loss was 114 million yuan, compared to a net profit of 66.9347 million yuan in the same period last year

The A-share military industry sector fluctuated and rebounded, with 712 Corp. hitting the daily limit in the afternoon, WJP and Sinomach-pi previously sealing their boards, Jieqiang Equipment rising over 10%, and GreatWall Military, WLM, and Aerospace Intelligent Equipment among the top gainers

Commercial aerospace concept stocks fluctuate and rise, with ASIET up over 10%

ASIET rose over 10%, YHDZ hit the daily limit, and As-hitech, Sinomach-pi, WJP, Nengke Technology, Sicrui, Jinlihua Electric, 712 Corp. and many other stocks rose over 5%. On the news front, at 18:21 on August 4th, China successfully launched the satellite internet low-orbit 07 group of satellites using the Long March 12 carrier rocket at the Hainan commercial space launch site

The military industry sector is repeatedly active, GreatWall Military hits the daily limit and continues to set a new historical high

In the morning session, the military industry sector continued its strong performance, with GreatWall Military hitting the daily limit, and North China Long Dragon rising over 8%, both stock prices reaching historical highs. CONSYS rose over 10%, while ALD, Hengyu Xintong, Construction Industry, 712 Corp., and TJT also followed suit. On the news front, CITIC Securities stated that the fundamentals of the military industry sector are beginning to accelerate their recovery, and various catalysts, especially order announcements, are expected to continue to materialize in the first half of 2025. Meanwhile, new fields and new qualities such as commercial aerospace and low-altitude economy may experience accelerated development in the second half of the year due to events like commercial rocket launches

712 Corp.: Expected net profit loss of 100 million to 145 million yuan in the first half of 2025

712 Corp. announced that it expects to achieve a net profit attributable to shareholders of the listed company of -100 million to -145 million yuan for the first half of 2025, indicating a loss compared to the same period last year. It is expected that the net profit attributable to shareholders of the listed company, after deducting non-recurring gains and losses, will be -115 million to -160 million yuan for the first half of 2025