九州一轨(688485) - 2025 Q4 - 年度业绩预告

Financial Performance Forecast - The company expects a net loss attributable to shareholders for 2025 to be between -18 million and -12 million RMB, compared to a net profit of 11.15 million RMB in the previous year[5]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be between -19.5 million and -13.5 million RMB for 2025[5]. - The total profit for the previous year was 11.36 million RMB, with a net profit attributable to shareholders of 11.15 million RMB[7]. - The earnings per share for the previous year was 0.08 RMB[8]. Factors Affecting Performance - The decline in performance is attributed to market fluctuations, intensified industry competition, and slower project construction progress, leading to decreased revenue[9]. - The company has noted an increase in credit impairment losses compared to the previous year due to slower customer payment progress[9]. Research and Development - The company has increased its R&D expenses compared to the previous year to enhance core competitiveness[9]. Audit and Investment Risks - The preliminary financial data is subject to final audit and may differ from the officially disclosed figures in the 2025 annual report[11]. - The performance forecast has not been audited by registered accountants and is based on the company's internal estimates[10]. - The company advises investors to be aware of investment risks related to the preliminary nature of the forecast[11].