Sinolight Optoelectronics (688011.SH) is expected to incur a net loss of 19-23 million yuan in the first half of the year.

Zhtng Cijng APP news, New Light Electronics (688011.SH) has announced a forecast of a net loss attributable to shareholders of the listed company of 19-23 million yuan for the first half of 2025. The main reason for the decrease in operating income during the reporting period is that the revenue from optical targets and simulation systems decreased by approximately 65.89% compared to the previous year. This is mainly due to the fact that the system-level projects undertaken by the company are still in the production and installation phase, and the products delivered to customers involve the integration and testing of large systems, which have not yet met acceptance conditions. The acceptance period for projects is long and is expected to be concentrated on completion in the second half of the year. Due to the decrease in operating income compared to the previous year, the gross profit level is not enough to cover the company's expenses, leading to a loss in this period. Meanwhile, during the reporting period, the company improved its operational quality, with total sales, management, and R&D expenses decreasing compared to the same period last year. The company also increased its collection efforts, leading to a decrease of approximately 121.20% in credit impairment losses. All of the above factors have contributed to a slight decrease in net profit attributable to shareholders during the reporting period, despite significant decreases in revenue.