Great Star expects profit growth despite tariff impact

Hang Zhou Great Star Industrial (SZSE:002444) projects a net profit increase of 5% to 15% for the first half of 2025, with net profits attributable to shareholders ranging from CNY 1,253.46 million to CNY 1,372.83 million. Basic earnings per share are expected to be between CNY 1.0494 and CNY 1.1493. This positive outlook comes despite the company facing considerable headwinds from the US imposing tariffs on global goods in April, including a 34% tariff on Chinese goods and a 46% tariff on Vietnamese goods, which initially led to order suspensions.