CTFO(SZ:002373) Zheng Quan Ri Bao·2026-01-21 23:05Core Viewpoint - The company expects to achieve a turnaround in profitability for the fiscal year 2025, with a projected positive net profit, driven by growth in core business areas and effective cost management [1][2]. Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [1]. - The company anticipates a positive net profit, indicating a turnaround from previous losses [1]. Group 2: Communication with Auditors - The performance forecast data is based on preliminary calculations by the company's finance department and has not yet been audited by registered accountants [1]. - The company has communicated with its annual audit firm regarding the performance forecast, and there are no significant disagreements [1]. Group 3: Reasons for Performance Change - The expected turnaround in net profit is attributed to several factors, including a recovery in core business growth and improved revenue from the smart IoT and smart transportation sectors [2]. - The company has implemented refined management practices and enhanced operational efficiency, contributing to improved overall profitability [2]. - A significant decrease in asset impairment losses compared to the previous year has positively impacted net profit, as the company previously made substantial goodwill impairment provisions [2]. - Non-recurring gains from the fair value changes of held stocks and the disposal of certain shares have also contributed positively to the net profit during the reporting period [2].