Wuhan Guide Infrared Co. Ltd. Class ASZSE: 002414

Wuhan Guide Infrared: Revenue up 10.87% but net profit turned negative amid higher costs and asset impairment

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

Revenue grew 10.87% year-over-year to ¥2.68 billion, but net profit fell to -¥447.19 million due to higher R&D and personnel costs, asset impairment, and price reductions. The company achieved major breakthroughs in defense contracts and expanded its civilian business, but profitability was pressured by increased costs and a decline in gross margin.

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