冰川网络：预计2025年上半年净利润3.1亿元-4亿元

Core Viewpoint - Glacier Network (300533) expects a significant turnaround in net profit for the period from January 1, 2025, to June 30, 2025, projecting a profit of 310 million to 400 million yuan, compared to a loss of 515 million yuan in the same period last year [1] Financial Performance - The projected net profit attributable to shareholders is between 310 million yuan and 400 million yuan, a substantial improvement from the previous year's loss of 515 million yuan [1] - The net profit after deducting non-recurring gains and losses is expected to be between 292 million yuan and 378 million yuan, compared to a loss of 544 million yuan in the same period last year [1] Operational Adjustments - During the reporting period, the company reduced investment in projects with weak expected returns, leading to a decrease in sales expenses [1] - Non-recurring gains and losses for the period are estimated at approximately 18.5 million yuan, primarily from government subsidies and deposit investment income [1]