Hytera(SZ:002583) Zheng Quan Ri Bao·2026-01-30 22:44Core Viewpoint - The company expects a negative net profit for the fiscal year 2025, primarily due to a significant provision related to a legal judgment regarding licensing fees for its H series DMR products [1][3]. Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [1]. - The company anticipates a negative net profit for the period [1]. Group 2: Reasons for Performance Changes - The company has focused on market expansion, operational efficiency, and R&D innovation, leading to increased marketing and R&D investments [2]. - Excluding the impact of the sale of subsidiary Teltronic, S.A.U., both operating revenue and net profit (excluding non-recurring items) are expected to grow [2]. - The significant growth in net profit (excluding non-recurring items) is attributed to improved gross margin, optimized debt structure, reduced financing costs, and increased foreign exchange gains [2]. Group 3: Legal and Financial Issues - The company recorded a provision of approximately $110 million related to a legal judgment on licensing fees, which significantly impacted the net profit [3]. - The company does not accept the court's judgment and has appealed the decision, taking necessary legal actions to protect its rights [3]. Group 4: Other Relevant Information - The performance forecast is based on preliminary calculations by the company's finance department and has not been audited [6]. - The company will adhere to legal and regulatory requirements for timely information disclosure [6].