Huizhou Intelligent forecasts 62-74% profit decline for H1

Huizhou Intelligent Technology Group expects net profit attributable to shareholders of 15-22m yuan for the first half of 2025, down 62-74% from 57.2m yuan in the same period last year.

The decline stems from significantly reduced fair value gains from financial assets, projected at just 1-1.4m yuan compared to over 60m yuan previously. Last year's higher gains resulted from revaluation of private equity projects following new financing rounds.

Despite the profit drop, Huizhou Intelligent forecasts revenue of 540-550m yuan, up 17-20% year-on-year, driven by growth in high-end equipment manufacturing and data services.