均瑶健康：预计2025年度净利润为约-2.16亿元到约-1.44亿元

Core Viewpoint - Junyao Health expects a significant decline in net profit for the year 2025, projecting a loss between approximately 216 million yuan and 144 million yuan, which represents a year-on-year decrease of about 115 million yuan to 187 million yuan, equating to a decline of 395.14% to 642.71% compared to the previous year [1] Group 1: Financial Performance - The projected net profit for 2025 is expected to be between -216 million yuan and -144 million yuan [1] - This represents a decrease of approximately 115 million yuan to 187 million yuan compared to the same period last year [1] - The year-on-year decline is estimated to be between 395.14% and 642.71% [1] Group 2: Business Challenges - The decline in performance is primarily attributed to a challenging consumer environment, which has led to a reduction in market share for dairy beverages [1] - There is a noted lack of demand from downstream customers, resulting in decreased revenue from the company's traditional ambient yogurt business compared to the same period last year [1] Group 3: Strategic Initiatives - The company is focusing on optimizing its revenue structure and actively expanding e-commerce channels, new retail channels, and chain KA channels [1] - This strategic shift has resulted in a significant increase in upfront sales and marketing expenses compared to the previous year [1] - Additionally, the company has increased its investment in research and development, leading to a corresponding rise in R&D expenses [1]