中农联合(003042) - 2025 Q4 - 年度业绩预告

Financial Projections - The estimated net profit for 2025 is projected to be a loss of between 128 million and 165 million yuan, compared to a loss of 122.45 million yuan in the previous year, representing a decline of 4.53% to 34.75%[2] - The net profit after deducting non-recurring gains and losses is expected to be a loss of between 131.5 million and 168.5 million yuan, down from a loss of 127.63 million yuan last year, indicating a decrease of 3.03% to 32.02%[2] - The basic earnings per share is projected to be a loss of between 0.90 yuan and 1.16 yuan, compared to a loss of 0.86 yuan per share in the previous year[2] Performance Decline - The decline in performance is attributed to the continuous decrease in market prices of the company's main products, leading to lower gross margins[3] - The costs during the trial operation of newly constructed projects have been high, contributing to the increased loss during the reporting period[3]