Woer Heat-shrinkable material forecasts strong Q1 profit growth
Shenzhen Woer Heat-Shrinkable Material (SZSE:002130) projects a 30% to 40% year-over-year increase in net profit attributable to shareholders for the first quarter of 2025, with earnings expected to range from CNY 23,958 to CNY 25,800. Excluding non-recurring gains and losses, net profit is projected to increase by 30% to 40%, landing between CNY 22,485 and CNY 24,200. Basic earnings per share are estimated to be between CNY 0.1902 and CNY 0.2048, compared to CNY 0.1463 in the same period last year. The company attributes this growth to increased R&D and market development efforts, leading to higher revenue in electronic products, wire products, and new energy vehicle-related businesses. The surge in high-speed communication cable product sales driven by data communication industry demand, combined with increased automation and production efficiency, also contributed to the strong forecast.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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