兰州黄河(000929) - 2025 Q4 - 年度业绩预告

Financial Projections - The estimated net profit for 2025 is projected to be between -90 million to -62 million CNY, representing a year-over-year increase of 9.88% to 37.92% compared to -99.87 million CNY in the previous year[4] - Total profit is expected to range from -219 million to -163 million CNY, a decline of 94.57% to 44.82% from -112.56 million CNY in the previous year[4] - Revenue is projected to be between 400 million to 460 million CNY, compared to 210.53 million CNY in the previous year[5] - The net profit after deducting non-recurring gains and losses is expected to be between -128 million to -100 million CNY, a decrease of 63.77% to 27.95% from -78.16 million CNY in the previous year[4] - Basic earnings per share are projected to be between -0.4884 to -0.3365 CNY, compared to -0.5376 CNY in the previous year[4] Business Expansion - The company plans to expand its beer and beverage business beyond the Northwest region, increasing brand promotion and online sales, which has led to a rise in sales expenses[7] - The company has invested in Huanghe (Wuzhong) Beverage Co., Ltd. and Huanghe (Chongqing) Beverage Co., Ltd. to increase the beverage business's contribution to revenue growth[7] Risk Factors - The company faces risks of delisting due to negative net profit and revenue below 300 million CNY as per the Shenzhen Stock Exchange listing rules[9] Performance Communication - The company has communicated with the accounting firm regarding the performance forecast, and there are no significant discrepancies[6] - The final audited results for 2025 will be disclosed in the annual report, and there is uncertainty regarding the actual performance[8]