丛麟科技(688370) - 2025 Q4 - 年度业绩预告

Financial Performance Expectations - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between 17 million and 24 million yuan, a decrease of 66.02 million to 73.02 million yuan compared to the previous year, representing a year-on-year decline of 73.34% to 81.12%[3] - The company anticipates a net profit attributable to shareholders of the parent company, after deducting non-recurring gains and losses, to be between -12 million and -6 million yuan, a decrease of 60.23 million to 66.23 million yuan compared to the previous year, indicating a year-on-year decline of 111.06% to 122.13%[3] - The previous year's net profit attributable to shareholders of the parent company was 90.02 million yuan, with a total profit of 99.76 million yuan and a net profit after deducting non-recurring gains and losses of 54.23 million yuan[4] Industry Challenges - The company operates in the hazardous waste treatment industry, which is undergoing a significant transformation from "incremental expansion" to "stock optimization," leading to an oversupply in the market and declining profit margins[6] - The company has noted that the industry is facing challenges with underutilization of capacity and downward pressure on disposal prices, contributing to the decline in revenue and net profit[6] Financial Reporting - The financial data provided in the earnings forecast is preliminary and has not been audited by a registered accountant, with the final figures to be disclosed in the audited annual report for 2025[8]