Aurora Optoelectronics Forecasts Return to Profit in 2025

MT Newswires Live

01/27

Aurora Optoelectronics (SHA:600666) forecasted 2025 attributable net profit of between 120 million yuan and 160 million yuan, compared with a loss of 171.4 million yuan the previous year.

The turn to profit was due to the recognition of significant investment income following the sale of stakes in Harbin Qiuguang Optoelectronics Technology and Aurora Optoelectronics (Zhengzhou) Investment Management, according to a Tuesday filing with the Shanghai bourse.

Shares of the fiber optic product manufacturer closed 3% lower Tuesday.

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