津投城开：预计2025年净利润亏损13.60亿元~15.40亿元

Core Viewpoint - The company, Jintou Chengkai, has announced a significant projected net loss for the fiscal year 2025, primarily due to industry cyclical downturns and decreased market demand [1] Financial Performance - The projected net profit attributable to shareholders is expected to be between -1.36 billion to -1.54 billion yuan, with a net profit excluding non-recurring gains and losses estimated at -1.34 billion to -1.52 billion yuan [1] - In the same period last year, the company reported a net profit of -210 million yuan, indicating a substantial decline in performance year-over-year [1] Operational Challenges - The anticipated losses are attributed to several factors, including reduced sales revenue, a lack of completed housing projects, and ongoing construction projects that have not yet been finished [1] - The company is also facing high financing costs due to a large financing scale, which has contributed to the financial strain [1] - Additionally, the company has made provisions for inventory impairment on certain projects, further impacting its financial outlook [1]