Han's Laser forecasts 59% profit decline for H1

Han's Laser Technology Industry Group expects net profit attributable to shareholders for the first half of 2025 to range from 45,000 to 50,000 yuan, down 59% to 63% from 122,491 yuan last year.

The decline is largely due to a non-recurring gain of 890 million yuan in the previous year from disposing of a controlling stake in Shenzhen Han's Smart Tech.

However, the company forecasts underlying net profit to increase up to 20% to between 22,041 and 26,449 yuan, driven by recovering consumer electronics demand and AI growth.