广电网络(600831) - 2025 Q2 - 季度业绩预告

Current Period Performance Forecast The company anticipates a significant net loss for the first half of 2025, with preliminary estimates indicating a range of -315 million to -375 million RMB for net profit attributable to shareholders 2025 Semi-Annual Performance Forecast Estimates | Indicator | Estimated Amount (RMB) | | :--- | :--- | | Performance Forecast Period | January 1, 2025 to June 30, 2025 | | Net Profit Attributable to Parent | -315 million RMB to -375 million RMB | | Net Profit Attributable to Parent (Excluding Non-Recurring Items) | -325 million RMB to -385 million RMB | - This performance forecast data represents preliminary estimates by the company's finance department and has not been audited by a certified public accountant[3] Prior Period Operating Performance and Financial Status The company's net loss for the first half of 2024 was -363.54 million RMB, with earnings per share at -0.512 RMB 2024 Semi-Annual Operating Performance | Indicator | 2024 Semi-Annual Data (RMB) | | :--- | :--- | | Net Profit Attributable to Parent | -363.54 million RMB | | Net Profit Attributable to Parent (Excluding Non-Recurring Items) | -365.65 million RMB | | Earnings Per Share | -0.512 RMB | Main Reasons for Current Period's Estimated Loss The estimated loss is primarily driven by declining revenue from traditional businesses and persistent high fixed costs, including depreciation, network maintenance, and financial expenses - Revenue decline: Core cable TV and data businesses experienced revenue decreases due to continuous user loss, with new businesses like broadcast 5G not yet sufficiently compensating for the traditional main business shortfall[6] - Strategic adjustments impacting revenue: The company proactively adjusted sales strategies to pursue high-quality development, controlling low-profitability businesses such as merchandise sales and engineering construction, leading to a reduction in this portion of revenue[6] - Limited cost control: Despite various cost-cutting measures, the overall cost reduction was limited due to the high proportion of fixed costs such as fixed asset depreciation and network maintenance[6] - Financial pressure: High levels of interest-bearing debt and accounts receivable resulted in significant negative impacts on profit from financial expenses and credit impairment losses[6] Risk Warning Management confirms no significant uncertainties are currently identified that could impact the accuracy of this performance forecast - The company states there are no significant uncertainties affecting the accuracy of this performance forecast[7] Other Explanatory Matters The company emphasizes that the disclosed financial data are preliminary and unaudited, advising investors to refer to the official 2025 semi-annual report for final figures and to be aware of investment risks - This forecast data is preliminary and unaudited; the final accurate data will be based on the company's officially disclosed 2025 semi-annual report[8] - The company reminds investors to be aware of investment risks[8]