Hytera(SZ:002583)2025-01-27 12:30Financial Performance - The company expects a net profit loss of between RMB 320 million and RMB 370 million for the year 2024, compared to a loss of RMB 38.79 million in the previous year[3]. - Revenue is projected to be between RMB 600 million and RMB 630 million, showing an increase from RMB 565.31 million in the same period last year[3]. - The company anticipates a significant increase in net profit after deducting non-recurring gains and losses, estimated to grow by 105.10% to 207.65% compared to the previous year[3]. Legal and Compliance Issues - Legal fees related to litigation and unexpected events reached approximately RMB 240 million, doubling from the previous year, but the company effectively managed external shocks[6]. - The company has reached an agreement with the DOJ, which may involve payments ranging from $0 to $60 million, subject to court determination[8]. - The company has recognized a provision for expected liabilities related to ongoing litigation with Motorola, which may impact future profits[7]. - The company maintains that the provision for litigation will not significantly affect its normal operations[9]. Research and Development - Research and development investment increased by approximately 10% year-on-year, reflecting the company's commitment to technological innovation[6]. - The company is focused on expanding its market presence and enhancing its core competitiveness through innovation and product development[7]. Financial Reporting - The financial data presented is preliminary and has not been audited, with the final figures to be disclosed in the 2024 annual report[10].