宏柏新材：预计2025年年度净利润为亏损1.5亿元到1.1亿元

Core Viewpoint - The company expects a net loss of 150 million to 110 million yuan for the year 2025 due to various operational challenges and increased costs [1] Group 1: Economic Environment - The macroeconomic environment has weakened, leading to an imbalance in supply and demand across the industry, with intense competition persisting [1] - Despite a steady year-on-year increase in sales volume of the company's main products, the selling prices remain at historically low levels [1] Group 2: Operational Costs - The company has ongoing construction projects that have transitioned to fixed assets, resulting in increased depreciation and operational costs [1] - There has been an increase in related expenses, including costs associated with the implementation of an equity incentive plan and higher interest expenses on convertible bonds compared to the previous year [1]