南京商旅(600250.SH)：预计2025年度净利润同比减少75.90%到83.57%

Core Viewpoint - Nanjing Commercial Travel (600250.SH) expects a significant decline in net profit for the fiscal year 2025, primarily due to high non-recurring gains in the previous year that inflated the performance base [1] Financial Performance Summary - The company anticipates a net profit attributable to shareholders of the parent company ranging from 7.5 million to 11 million yuan for 2025, representing a year-on-year decrease of 75.90% to 83.57% [1] - The expected net profit, excluding non-recurring gains and losses, is projected to be between 5 million and 8.5 million yuan, with a year-on-year change of -11.59% to 50.30% [1] Reasons for Performance Change - The primary reason for the anticipated decrease in performance is attributed to substantial non-recurring gains from the previous year, which included significant amounts from subsidiary bankruptcy liquidation and litigation receivables that reversed bad debts, thus raising the performance base for comparison [1]