凯美特气：预计2025年净利润6500万元～8000万元 同比扭亏为盈

Core Viewpoint - The company expects a net profit attributable to shareholders of 65 million to 80 million yuan for 2025, marking a return to profitability compared to the previous year, with a net profit excluding non-recurring gains and losses projected at 53.5 million to 62.5 million yuan, also indicating a turnaround from losses [1] Group 1: Revenue and Profitability - The company has achieved steady revenue growth by consolidating its existing customer base while continuously expanding market reach and optimizing customer structure, leading to an increase in sales volume of main products and overall revenue growth [1] - The significant reduction in share-based payment expenses is noted, as the company terminated the 2022 restricted stock incentive plan, resulting in a one-time recognition of share payment expenses of 87.4036 million yuan in 2024, with no such expenses incurred in the current reporting period [1] Group 2: Market Conditions and Adjustments - The company’s specialty gas products, particularly xenon and its mixed gases, experienced a phase of price adjustment due to industry cyclical fluctuations, prompting the company to adequately provision for impairment based on the net realizable value of inventory in 2024, leading to a decrease in asset impairment losses compared to the previous year [1]