联合光电(300691.SZ)：预计2025年净利润同比下降67.59%-77.96%

Core Viewpoint - The company, United Optoelectronics (300691.SZ), forecasts a significant decline in net profit for the fiscal year 2025, with expected earnings between 8.5 million to 12.5 million yuan, representing a year-on-year decrease of 67.59% to 77.96% [1] Financial Performance - The net profit attributable to shareholders is projected to drop over 50% year-on-year, despite anticipated continuous growth in sales revenue [1] - The company expects a net loss of 30 million to 43.5 million yuan after excluding non-recurring gains and losses, compared to a profit of 28.21 million yuan in the same period last year [1] Reasons for Performance Change - Strategic investments have significantly increased, particularly in R&D projects, technology reserves, molds, and market expansion, which are aimed at enhancing the company's core competitiveness [1] - There has been a reduction in financial income and an increase in financial expenses during the reporting period [1] - Investment income from non-recurring gains has increased due to strategic adjustments in non-core businesses, including millimeter-wave radar, wheeled medical services, and logistics robots, leading to improved investment returns [1]