Yiwai Communication: Expected net profit in the first quarter of 2025 to decline by 65% - 75% year-on-year.

Jin10 Data reported on April 15, that Yiwei Communication announced that from January 1, 2025, to March 31, 2025, the net profit attributable to shareholders of the listed company is expected to be between 8.8591 million and 12.4027 million, a decrease of 65%-75% compared to 35.4364 million in the same period last year. The net profit after deducting non-recurring gains and losses is expected to be between 5.1111 million and 8.5185 million, a decrease of 75%-85% compared to 34.0742 million in the same period last year. The performance change is mainly due to the impact of the escalation of China-U.S. trade frictions on overseas order deliveries, the company’s increased efforts in the replacement of old and new products, and the increase in sales expenses, management expenses, and R&D expenses.