Core Viewpoint - The company anticipates a significant decline in net profit for the fiscal year 2025, projecting a range of 10 million to 15 million yuan, which represents a year-on-year decrease of 34.53% to 56.35% [1] Financial Performance - The expected net profit attributable to the parent company for 2025 is forecasted to be between 10 million and 15 million yuan, down from 22.91 million yuan in the previous year [1] - The projected non-recurring net profit for 2025 is estimated to be between -1.5 million and -3.5 million yuan, a decrease of 64.99% to 115.01% compared to the previous year's non-recurring net profit of 9.9962 million yuan [1] Industry Context - The decline in performance is attributed to weak market demand in the civil explosives industry, overcapacity, intense competition, and a decrease in product average prices [1]
盛景微：2025年净利润预计降34.53% - 56.35%