Andawell(300719)2025-01-22 10:22Profit Projections - The estimated net profit for 2024 is projected to be between 12 million to 15 million RMB, representing a decline of 86.78% to 89.43% compared to the previous year's profit of 113.48 million RMB[3] - The net profit after deducting non-recurring gains and losses is expected to be between 7.41 million to 10.41 million RMB, a decrease of 90.82% to 93.47% from last year's figure of 113.43 million RMB[3] - The estimated impact of non-recurring gains and losses on net profit is approximately 4.59 million RMB[6] Revenue Decline - The decline in net profit is primarily due to a significant drop in defense business revenue, despite continuous growth in civil aviation business revenue[5] R&D Investment - Increased R&D investment has contributed to the reduction in profit during the reporting period[5]