西宁特钢：预计2025年度净利润约-8.75亿元

Core Viewpoint - Company expects a net loss of approximately 875 million yuan for the year 2025, which represents an increase in loss of about 139 million yuan compared to the previous year [1] Group 1: Company Performance - The net profit attributable to shareholders for the same period last year was a loss of 863 million yuan, with earnings per share reflecting a loss of 0.27 yuan [1] - The company achieved a steel production volume of 1.55 million tons and a steel product output of 1.51 million tons, marking an 11% year-on-year increase in both categories [1] Group 2: Industry Context - The steel industry continues to experience deep adjustments, remaining in a phase of "reduction in quantity and optimization of stock," with persistent supply-demand contradictions [1] - The overall operating environment for companies in the industry remains challenging due to ongoing weak downstream demand and prolonged low prices in the steel market [1] - The company has implemented measures to adapt to market demands and enhance cost efficiency, despite the adverse conditions [1] Group 3: Additional Factors - The company’s subsidiary has made provisions for inventory impairment related to a shantytown renovation project undertaken to fulfill social responsibilities [1]