Core Viewpoint - The company, Airport Holdings (600463), has announced an expected net loss for the fiscal year 2025, projecting a net profit attributable to shareholders of approximately -76 million to -114 million yuan [1] Financial Performance - The company anticipates a net profit attributable to shareholders, excluding non-recurring gains and losses, to be around -82 million to -123 million yuan for 2025 [1] Business Segments - The construction segment has shown significant improvement in business scale compared to the same period in 2024; however, it remains fundamentally affected by the cyclical fluctuations of the real estate industry [1] - The market continues to exhibit a weak demand and strong supply scenario, leading to intensified industry competition and low gross margin levels [1] - The property leasing, property management, and heating service segments are expected to be profitable, but these profits will not be sufficient to cover the losses from the construction segment, resulting in an overall loss for the company [1]
空港股份发预亏,预计2025年度归母净亏损7600万元至1.14亿元