华映科技公布2025年上半年业绩预告

Core Viewpoint - The company is focusing on improving its operational efficiency and reducing costs in a competitive display panel industry, despite reporting losses in net profit for 2024 and the first quarter of 2025 [1][2]. Group 1: Financial Performance - In 2024, the company achieved a revenue of 1.739 billion, representing a year-on-year growth of 19.48% [2]. - The net profit attributable to shareholders for 2024 was -1.142 billion, with the same figure for net profit excluding non-recurring gains and losses [2]. - For the first quarter of 2025, the company reported a revenue of 342 million, a decrease of 19.13% year-on-year [2]. - The net profit attributable to shareholders for Q1 2025 was approximately -233 million, with a similar figure for net profit excluding non-recurring gains and losses [2]. Group 2: Business Operations - The company is primarily engaged in the research, production, and sales of display panels and display modules, with applications in automotive displays, industrial control screens, tablets, POS machines, and smartphones [1]. - The display panel business is mainly operated by its subsidiary, which runs a production line for IGZO TFT-LCD panels, focusing on small to medium-sized displays [1]. Group 3: Strategic Initiatives - The company is implementing several measures to improve product costs, including integrating production lines, reducing material costs, and optimizing resource allocation [1]. - The company aims to enhance product gross margins through these initiatives, despite the ongoing competitive pressures in the display panel industry [1].