惠达卫浴：预计2025年度净利润为负值

Core Viewpoint - The company expects a negative net profit for the fiscal year 2025 due to various adverse factors affecting its performance [1] Financial Performance - From January to September 2025, the company's total profit amounted to 15.9062 million yuan, while the net profit attributable to shareholders was 15.2405 million yuan [1] - The net profit attributable to shareholders, excluding non-recurring gains and losses, was -47.3484 million yuan [1] Market Conditions - The company's product demand at the end-user level fell short of expectations due to international geopolitical conflicts, industry cycle fluctuations, and changes in the market environment [1] - There has been a decline in product revenue and gross margin as a result of these adverse market conditions [1] Strategic Adjustments - The company is undertaking strategic business adjustments in response to the competitive landscape and future development trends within the industry [1] - As part of these adjustments, the company has increased provisions for asset impairment losses [1]