Wuhan Guide Infrared Co. Ltd. Class ASZSE: 002414

Wuhan Guide Infrared: Net profit plunged 91.3% in H1 2024 despite 8.8% revenue growth

· Issued by Wuhan Guide Infrared Co. Ltd. Class A

H1 2024 revenue grew 8.8% to ¥1.15 billion, but net profit fell 91.3% to ¥17.97 million due to higher R&D and costs. Gross margin declined, and significant goodwill impairment was recognized.

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