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Tianyu Semiconductor expects last year's loss to narrow to over 55 million yuan
Tianyu Semiconductor (02658) has issued a profit warning, expecting to record a net loss of approximately RMB 55 million to RMB 65 million for the year ending December 2025, while the net loss for the 2024 fiscal year is about RMB 500 million.
The company stated that the significant year-on-year reduction in net loss is mainly due to the absence of a major one-time inventory write-down provision of approximately RMB 315 million recognized in the 2024 fiscal year, coupled with the group’s business growth leading to an overall revenue increase of about RMB 190 million.