FUTURE MACH LTD Issues Profit Alert, Anticipates 2025 Net Profit of at Least 40 Million Yuan

Stock News
Feb 05

FUTURE MACH LTD (01401) has announced a positive profit forecast. The group anticipates revenue of approximately RMB 4.4 billion for the fiscal year ending December 31, 2025. This represents an increase of about 51% compared to the revenue of approximately RMB 2.917 billion recorded for the year ended December 31, 2024. The group expects its consolidated net profit for the reporting period to be no less than RMB 40 million, a year-on-year increase of approximately 156% from about RMB 15.6 million in the previous fiscal year. The significant revenue growth during the period is primarily attributed to an increase in mobile phone sales of approximately RMB 530 million and an increase in sales of IoT-related products of approximately RMB 950 million. During the reporting period, the group's long-term clients continued to place substantial orders for new models of mobile phones and tablets. Furthermore, the group's two-wheeled electric vehicles and body-worn camera products gained rapid market acceptance, achieving considerable revenue growth and contributing additional profit.

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