Rockchip Electronics forecasts strong first half growth

Rockchip Electronics (SSE:603893) projects a significant surge in its financial performance for the first half of 2025. The company expects revenue of approximately CNY 2,045 million, representing a 64% year-over-year increase from CNY 1,248.60 million. Net profit attributable to shareholders is estimated to be between CNY 520 million and CNY 540 million, a growth of 185% to 195% compared to CNY 182.77 million in the same period last year. Net profit excluding non-recurring gains and losses is forecast to be between CNY 505 million and CNY 525 million, reflecting a 186% to 197% increase from CNY 176.85 million. This growth is attributed to the continued expansion of the AIoT market and the company's strategic focus on AI-driven applications in areas like automotive, industrial control, and robotics.