SIWI SCI & TECH (01202) Issues Profit Alert, Anticipates Annual Net Profit Attributable to Shareholders of Approximately RMB2.98 Million
Stock News
Feb 12
SIWI SCI & TECH (01202) has announced that the board of directors expects to record a consolidated net profit of approximately RMB4.15 million for the year ending December 31, 2025. The net profit attributable to owners of the company is anticipated to be around RMB2.98 million. This compares to a consolidated net profit of approximately RMB1.24 million and a net profit attributable to owners of about RMB1.15 million for the year ended December 31, 2024. The improvement in the company's consolidated net profit is primarily attributed to increased revenue driven by higher sales volume in the optical fiber and cable assembly business, coupled with effective cost control measures implemented during the relevant period.
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