节能铁汉：2025年全年净亏损16.97亿元—22.62亿元

Core Viewpoint - The company expects a significant net loss for the year 2025, with projected losses ranging from 1.697 billion to 2.262 billion yuan, indicating a year-on-year reduction in losses of 12.87% to 34.64% [1] Financial Performance - The anticipated net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be a loss between 1.668 billion and 2.224 billion yuan, reflecting a year-on-year reduction in losses of 12.02% to 34.02% [1] - The company is facing substantial losses primarily due to declining operating income as existing projects are nearing completion, and new orders will take time to convert into revenue [1] Asset Impairment - The company has made provisions for asset impairment due to cash flow issues with some historical project clients, leading to delays in payment for engineering services [1] - Impairment provisions have also been made for goodwill related to underperforming subsidiaries, resulting in high levels of credit impairment losses and asset impairment losses [1]