湖北广电(000665) - 2025 Q2 - 季度业绩预告

Hubei Broadcasting and TV 2025 Semi-Annual Performance Forecast Core Performance Indicators Forecast The company anticipates a wider net loss and decreased operating revenue for H1 2025, with net profit attributable to shareholders projected to be a loss of RMB 230-260 million and operating revenue of RMB 800-850 million 2025 Semi-Annual Performance Forecast | Project | Current Period | Prior Year Period | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Loss: RMB 230 million – RMB 260 million | Loss: RMB 207.3691 million | | Year-on-Year Change | Increase in Loss: 10.91% - 25.38% | - | | Net Profit After Non-Recurring Items | Loss: RMB 242 million – RMB 272 million | Loss: RMB 227.0206 million | | Year-on-Year Change | Increase in Loss: 6.60% - 19.81% | - | | Basic Earnings Per Share | Loss: RMB 0.20/share – RMB 0.23/share | Loss: RMB 0.18/share | | Operating Revenue | RMB 800 million – RMB 850 million | RMB 925.4066 million | Communication with Accounting Firm The company clarifies that this performance forecast is based on preliminary internal estimates and has not been audited by an accounting firm - This performance forecast represents the company's preliminary estimates and has not been audited by an accounting firm[3] Analysis of Performance Changes The performance decline stems from dual pressures on revenue and costs, with revenue impacted by market competition and promotional policies leading to lower ARPU, while rigid fixed costs for this asset-heavy company limited cost reduction efforts - Revenue side: Due to industry downturn and intense market competition, the company adopted promotional policies for market expansion, leading to a decrease in user ARPU and a decline in revenue from high-profit TV and broadband services[4] - Cost side: As an asset-heavy enterprise, the company's fixed costs, including labor and depreciation/amortization, are rigid and cannot decrease proportionally with business revenue, limiting cost reduction potential[4][5] Risk Warning and Other Explanations The company advises investors that this preliminary performance forecast's final financial data will be in the 2025 semi-annual report, designating "Securities Times" and Juchao Information Network as official disclosure media - This performance forecast is a preliminary estimate; specific financial data will be subject to the company's 2025 semi-annual report[6] - The company designates "Securities Times" and Juchao Information Network as its information disclosure media, urging investors to be aware of investment risks[6]