GCI Science & Technology projects 15-30m yuan half-year loss

GCI Science & Technology forecasts a net loss of 15-30 million yuan for the first half of 2025, reversing a 39.32 million yuan profit from the same period last year.

Basic earnings per share are projected at a loss of 0.02-0.04 yuan per share, compared with a 0.06 yuan profit previously.

The losses stem from increased competition, decreased revenue and margins in communication sectors, reduced smart manufacturing income due to customer demand cycles, and higher costs from rising precious metal prices.