Tayho New Materials' net profit expected to fall YOY in H1 2025

According to the semi-annual performance forecast of Tayho New Materials, the company expects to achieve a net profit attributable to shareholders of listed companies of 25 million yuan to 35 million yuan in the first half of 2025, a year-on-year decrease of 70.21-78.72%. During the reporting period, in terms of security, information and new energy businesses, product sales volume increased year-on-year. However, affected by factors such as intensified industry competition and weak terminal demand, the prices of some product categories declined year-on-year, resulting in a certain degree of decrease in the profitability of this business compared with the same period last year.