Fuzhou BOE: Net profit in the first half of 2025 reaches 1.022 billion

On February 27, BOE organized investors to visit its G8.5 generation new display device production line in Fuzhou and exchange views on the production line. According to reports, Fuzhou's G8.5 generation new display device production line focuses on ultra-large size panels, high-end displays, innovative application displays, etc., and is operated by Fuzhou BOE Optoelectronics Technology Co., Ltd. Data from the company's regular reports show that in the first half of 2025, Fuzhou BOE achieved operating income of 5.639 billion yuan, operating profit of 1.178 billion yuan, and net profit of 1.022 billion yuan.

It is worth noting that BOE plans to upgrade the production line intelligently in the near future. According to information disclosed by the Fuzhou Municipal Bureau of Industry and Information Technology on February 24, BOE plans to invest 400 million yuan to intelligently transform the existing 8.5th generation new semiconductor display device production line in Fuzhou. The project is expected to be completed in December 2027. After the transformation, the monthly production capacity will remain unchanged at 178,000 pieces. At the same time, the product yield rate and the production capacity of high-end products will be further improved.

In terms of production line depreciation, BOE stated that the company’s Fuzhou G8.5 generation production line will begin depreciation expiration in stages from the second half of 2024. At present, the depreciation of the company's existing production lines continues to decrease, and the production line projects under construction will be consolidated in stages with comprehensive consideration of the ramp-up situation, and the depreciation amount will reach a peak in 2025. Capital expenditures will also peak in 2025 and are expected to decline significantly starting in 2027.

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