Core Viewpoint - The company expects a negative net profit for the fiscal year 2025, with a projected net profit attributable to shareholders ranging from -10 million to -7 million yuan, indicating a significant decline compared to the previous year's profit of 8.59 million yuan [1] Financial Performance - The anticipated net profit for 2025 is estimated to be between -13 million and -11 million yuan after deducting non-recurring gains and losses [1] - Basic earnings per share are projected to be between -0.12 yuan and -0.08 yuan, a decrease from the previous year's earnings of 0.11 yuan per share [1] Reasons for Performance Change - The primary reason for the performance change is the increase in depreciation expenses and operating costs due to the completion of construction projects by the wholly-owned subsidiary, Chongqing Zhuyuan Multimodal Transport Co., Ltd [1] - Domestic business has experienced a temporary decline in gross margin due to cost control requirements from some clients during the bidding process [1] - International business is facing challenges as some newly expanded operations are still in the market cultivation phase, impacted by geopolitical and other external factors, leading to underperformance in the short term [1]
三羊马：预计2025年净利润为负值