福斯特：预计2025年上半年净利润同比减少49.05%

Core Viewpoint - The company Foster (603806) anticipates a significant decline in net profit for the first half of 2025, primarily due to industry challenges such as overcapacity and intensified market competition [1] Financial Performance - The expected net profit attributable to the parent company for the first half of 2025 is 473 million yuan, a decrease of 455 million yuan compared to the same period last year, representing a year-on-year decline of 49.05% [1] - The anticipated net profit after deducting non-recurring gains and losses is projected to be 426 million yuan, down 473 million yuan year-on-year, which is a decrease of 52.65% [1] Industry Context - The decline in performance is attributed to factors affecting the photovoltaic industry, including overcapacity and increased market competition [1] - The prices of raw materials, specifically photovoltaic resin, and the selling prices of photovoltaic film products have both decreased, leading to a reduction in revenue scale and overall gross margin [1]