重庆建工:预计2025年全年净亏损118000万元左右

Core Viewpoint - Chongqing Construction is expected to report a significant net loss for the year 2025, with a projected net profit attributable to shareholders of approximately -1.18 billion yuan and a net profit excluding non-recurring losses of about -1.23 billion yuan [1] Group 1: Financial Performance - The company's anticipated net profit for 2025 indicates a worsening financial situation compared to previous years, with losses expected to increase year-on-year [1] - The decline in revenue is attributed to a reduction in new orders, delays in project commencement, and slower construction progress compared to initial plans [1] Group 2: Industry Challenges - The construction industry is facing intensified competition, leading to increased costs related to labor and site management [1] - The overall industry adjustment and local debt issues have contributed to the decrease in new orders and revenue for the company [1] Group 3: Cost and Margin Impact - Rising costs and prolonged project timelines have resulted in a decrease in gross profit margins for the company [1] - The company is also impacted by impairment provisions, further pressuring its financial performance [1]