Quectel(SH:603236) Shang Hai Zheng Quan Bao·2025-04-09 19:22Core Viewpoint - Shanghai Mijuan Communication Technology Co., Ltd. expects a significant increase in net profit for the first quarter of 2025, projecting a year-on-year growth of approximately 265.19% [2][3]. Group 1: Performance Forecast - The company anticipates a net profit attributable to shareholders of approximately 200 million yuan for Q1 2025, an increase of about 145.23 million yuan compared to the same period last year [2][4]. - The expected net profit after deducting non-recurring gains and losses is around 188 million yuan, reflecting a year-on-year increase of approximately 266.19% [2][4]. Group 2: Previous Year Performance - In the same period last year, the total profit was 51.98 million yuan, with a net profit attributable to shareholders of 54.77 million yuan [4]. - The net profit after deducting non-recurring gains and losses was 51.34 million yuan, with earnings per share recorded at 0.21 yuan [4][5]. Group 3: Reasons for Performance Increase - The company focuses on providing comprehensive solutions for global IoT clients, leading in fields such as 5G communication and satellite communication, which has contributed to robust growth in its communication module and intelligent solution sectors [6]. - The projected revenue for Q1 2025 is approximately 5.2 billion yuan, indicating a year-on-year growth of about 31.50% [6]. - Non-recurring gains and losses are expected to impact net profit by around 12 million yuan, primarily from received subsidies [7].