CCEGC(SH:600939) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-01-17 02:13Core Viewpoint - The company, Chongqing Construction Group Co., Ltd., anticipates a significant increase in losses for the fiscal year 2025, projecting a net profit attributable to shareholders of approximately -1.18 billion yuan and a net profit of about -1.23 billion yuan after excluding non-recurring gains and losses [1][3][4]. Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [2]. - The estimated net profit attributable to shareholders for 2025 is projected to be -1.18 billion yuan, indicating an increase in losses compared to the previous year [3]. - The estimated net profit after excluding non-recurring gains and losses is projected to be -1.23 billion yuan [4]. Group 2: Previous Year’s Performance - In the previous year, the total profit was -395.33 million yuan, with a net profit attributable to shareholders of -436.29 million yuan and a net profit of -650.90 million yuan after excluding non-recurring gains and losses [6]. - The earnings per share for the previous year were -0.24 yuan [7]. Group 3: Reasons for Performance Changes - The decline in performance is attributed to reduced new order volumes due to industry adjustments and local debt issues, along with delays in project commencement and construction progress, leading to a year-on-year decrease in revenue [8]. - Increased competition and extended project timelines have resulted in higher labor and management costs, contributing to a decrease in gross margin and further pressure on the company's performance [8]. Group 4: Future Outlook - The company aims to enhance its operational model, strengthen management, mitigate risks, and promote transformation in 2025, focusing on reform, business expansion, management improvement, innovation, and capability building [12]. - The company plans to strengthen its understanding of industrial policies and actively align with national strategic directions, leveraging opportunities from major projects won at the end of 2025 to expand its market presence [12].