Feiyu Technology Projects Up to RMB70 Million Profit for First Half of 2025, Rebounding from Previous Year’s Loss
Reuters
Jul 23
Feiyu Technology Projects Up to RMB70 Million Profit for First Half of 2025, Rebounding from Previous Year's Loss
Feiyu Technology International Company Ltd. has issued a positive profit alert, indicating a significant financial turnaround for the first half of 2025. The company anticipates recording a net profit after tax ranging from approximately RMB55.0 million to RMB70.0 million for the six months ending June 30, 2025. This marks a substantial improvement compared to a net loss after tax of approximately RMB2.0 million for the same period in 2024. The positive outlook is attributed in part to an expected investment income ranging from RMB0.3 million to RMB1.0 million, a notable change from an investment loss of approximately RMB11.6 million in the previous year. This shift is largely due to fair value changes in investments within sectors such as intelligent systems, auto systems, and information technology. The company advises shareholders and potential investors to exercise caution, as the figures are based on unaudited management accounts and may be subject to change. The final interim results are expected to be published by the end of August 2025.
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