Core Viewpoint - Garden Co. (园林股份) is expected to report a significant net loss for the first half of 2025, with estimates ranging from -92 million to -68 million yuan, primarily due to reduced construction volume and slow payment collection [1] Financial Performance - The company reported a total profit of -66.56 million yuan for the same period last year, with a net profit of -60.42 million yuan [1] - The net profit excluding non-recurring gains and losses for the previous year was -68.72 million yuan [1] - In 2024, the company achieved an operating income of 722 million yuan, a year-on-year increase of 14.91%, but still reported a net loss of -190 million yuan [3] - The net profit excluding non-recurring gains and losses for 2024 was -200 million yuan, compared to -159 million yuan the previous year [3] - In 2022, the company had an operating income of 514 million yuan and a net profit of -262 million yuan [3] Company Background - Garden Co. was listed on the Shanghai Stock Exchange on March 1, 2021, with an initial issuance of 40.31 million shares at a price of 16.38 yuan per share [2] - The total funds raised from the IPO amounted to 660 million yuan, with a net amount of 585 million yuan after deducting issuance costs [2] - The company has been operating at a loss for three consecutive years [3]
破发股园林股份上半年增亏 2021上市募6.6亿已连亏3年