Palm(SZ:002431)2026-01-23 12:10Financial Performance Expectations - The company expects a net profit loss of 100,000 million CNY for the year 2025, compared to a loss of 158,472.38 million CNY in the same period last year[2] - Total operating revenue is projected to be 200,000 million CNY, down from 306,452.41 million CNY in the previous year[2] - Basic earnings per share are expected to be a loss of 0.56 CNY, compared to a loss of 0.88 CNY in the same period last year[2] Factors Affecting Performance - The decline in performance is attributed to intensified market competition, slower construction progress on certain projects, and extended settlement periods for historical projects[4] - Financial expenses remain high due to the company's debt levels, impacting overall profitability[5] - The company has made impairment provisions for related assets based on prudence, further affecting financial performance[4] Caution for Investors - The preliminary financial data is subject to confirmation in the full annual report, urging investors to exercise caution[6]