Dongfang Precision forecasts substantial profit growth for first half

Guangdong Dongfang Precision Science & Technology (SZSE:002611) projects a net profit attributable to shareholders ranging from CNY360.54 million to CNY426.09 million for the first half of 2025, representing a 120% to 160% increase compared to the same period last year. The company expects net profit after deducting non-recurring gains and losses to be between CNY252.02 million and CNY274.93 million, a 10% to 20% year-over-year increase. Basic earnings per share are forecasted at CNY0.31 to CNY0.36. The company attributes this growth to the steady revenue and profit contribution from its corrugated packaging equipment business and a more than 20% increase in revenue from its water sports equipment segment. Additionally, gains from financial asset investments are expected to contribute significantly, with non-recurring gains and losses impacting net profit by approximately CNY108.52 million to CNY151.16 million.