Naura Tech forecasts strong growth after record 2024 results

Naura Technology Group (SZSE:002371) anticipates robust first-quarter 2025 results, projecting revenue between CNY7.34 billion and CNY8.98 billion, representing a 23.35% to 50.91% increase year-over-year. Net profit attributable to shareholders is estimated between CNY1.42 billion and CNY1.74 billion, a 24.69% to 52.79% rise. This forecast follows a strong 2024 performance, with total revenue reaching CNY29.84 billion, a 35.14% increase from 2023. The company's net profit attributable to shareholders for 2024 was CNY5.62 billion, up 44.17% year-over-year, demonstrating consistent growth over the past three years. The positive outlook is attributed to breakthroughs in key technologies, including CCP etching, ALD deposition, and single-wafer cleaning equipment, alongside increased market share and improved operational efficiency.