Core Viewpoint - The company, Zangzi Island, anticipates a net loss attributable to shareholders of between 35 million to 29 million yuan for the first three quarters of 2025, compared to a loss of 24.75 million yuan in the same period last year, primarily due to market conditions affecting its seafood products [1] Group 1: Financial Performance - The company reported a significant decline in profitability, with a projected net loss for the first three quarters of 2025, indicating a worsening financial situation compared to the previous year [1] - The main reason for the loss is attributed to a decrease in gross profit from the Ezo scallop business as the fresh seafood market experienced a decline in both price and volume in the third quarter [1] - The company has made provisions for asset impairment and write-offs during the reporting period, which negatively impacted current profits [1] Group 2: Market Conditions - In the first half of the year, the company capitalized on favorable market conditions for fresh seafood, particularly with tight supply and rising prices of Ezo scallops, which supported profitability [1] - However, the overall sales of marine processed products fell short of expectations due to structural changes in the consumer market, contributing to the decline in overall profitability [1]
獐子岛:预计2025年前三季度净利润-3500万元至-2900万元