CAROTE (02549) has announced its financial projections for 2025. The group anticipates its revenue will increase by approximately 3% to 5% compared to the previous year. However, net profit is expected to decrease by about 25% to 35% year-on-year.

The expected decline in profit for the year is primarily attributed to the following factors: * **Impact of US Tariffs**: The United States imposed additional tariffs on steel and aluminum products imported from China in 2025. This has led to a significant increase in the cost of sales for the group's main product lines exported to the US. Consequently, the gross profit margin for business in that region has decreased compared to the previous year. The group has implemented measures to mitigate these effects, including selective price increases and adjustments to its operational strategy. * **Depreciation of the US Dollar**: The US dollar depreciated against the Chinese Renminbi in 2025. This resulted in exchange rate losses when the group's US dollar-denominated revenue and accounts receivable were converted into Renminbi. While this situation further compressed the group's profit margin, it still managed to achieve positive revenue growth for the year.