光正教育发布年度业绩，核心净利润3481.9万元 同比减少14.5%

Core Insights - The company reported a revenue of 131 million, representing a year-on-year decrease of 27.7% [1] - Net profit for the year was 38.3 million, down 60.28% compared to the previous year [1] - Core net profit decreased by 14.5% to 34.8 million, with earnings per share at 0.02 yuan [1] Revenue Sources - The school-related supply chain remained the largest source of revenue for the company during the year [1] - The total revenue from the school-related supply chain business fell from 123 million in the fiscal year 2024 to 85.7 million in fiscal year 2025, a decline of 30.2% [1] - The company adopted a wholesale business model to focus on building its own supply chain network [1]