Dongshan Precision expects significant profit growth in Q1 2025

Suzhou Dongshan Precision Manufacturing (SZSE:002384) anticipates a surge in its first-quarter 2025 net profit, projecting a 50%-60% increase compared to the same period last year. The company attributes this positive outlook to the rising demand for its electronic circuits and precision components, fueled by AI-related infrastructure and consumer product markets. These components serve as foundational elements in both consumer electronics and the burgeoning new energy vehicle industries, leading to a significant boost in sales volume and overall business performance. While the company expects strong performance for Q1 2025, recent financial reports highlight a challenging 2024, with a 44.55% decrease in net profit, attributed to asset disposal losses and impairment losses related to its LED operations. Despite the decline in profitability in 2024, the company maintains a healthy financial position, with total assets increasing by 4.09% and net assets attributable to shareholders increasing by 3.79% to CNY11.04 per share at the end of the year. Dongshan Precision urges investors to exercise caution and be aware of investment risks as the full financial details will be disclosed in the Q1 2025 report.