Sanhua Intelligent Control expects strong H1 2025 growth

Zhejiang Sanhua Intelligent Control (SZSE:002050) has released its semi-annual performance forecast for 2025, projecting substantial growth compared to the same period last year. The company anticipates revenue to be between CNY1,504,367.94 and CNY1,777,889.38, representing a 10% to 30% increase year-over-year. Net profit attributable to shareholders is expected to range from CNY189,314.43 to CNY227,177.32, a significant rise of 25% to 50% compared to the first half of 2024. Basic earnings per share are forecasted to be between CNY0.51 and CNY0.61, up from CNY0.40 last year. The company attributes this growth to its leading position in refrigeration and air conditioning components and the rapid expansion of its automotive component business, supported by technological innovation and economies of scale. The semi-annual report is still under preliminary review.