FREEWON(SH:688678)2025-07-25 08:35Financial Performance - The company expects a net profit attributable to shareholders of approximately -17 million yuan for the first half of 2025, a decrease of 62.80 million yuan or 137.12% compared to the same period last year [4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be around -25 million yuan, a decrease of 60.10 million yuan or 171.23% year-on-year [4]. - The previous year's net profit attributable to shareholders was 45.80 million yuan, with earnings per share of 0.19 yuan [6]. Reasons for Performance Decline - The main reason for the performance decline is the underproduction of the subsidiary Nantong Fulivang, which incurred a loss of approximately 31.90 million yuan in the first half of 2025 due to high depreciation and labor costs [7]. Revenue and Costs - The company's main business revenue for the first half of 2025 is approximately 557 million yuan, representing a year-on-year increase of about 10% [8]. - The main business costs increased by approximately 87 million yuan, a year-on-year increase of about 24%, primarily due to the recruitment of production personnel and equipment purchases to meet order demands [8]. Production Capacity and Market Demand - The company is preparing to release production capacity in the third quarter to meet the demand for consumer electronics and new headphone projects from major North American clients [7]. Financial Data and Risks - The financial data in this performance forecast has not been audited by registered accountants and is based on preliminary calculations by the company's finance department [5]. - The company has not identified any significant uncertainties that could affect the accuracy of this performance forecast as of the announcement date [9]. - Investors are advised to pay attention to investment risks as the forecast data is preliminary and the accurate financial data will be disclosed in the official half-year report [10].