志邦家居：预计2025年度净利润同比减少42.92%到55.89%

Core Viewpoint - The company Zhibang Home is projecting a net profit of 170 million to 220 million yuan for the fiscal year 2025, representing a year-on-year decrease of 42.92% to 55.89% [1] Group 1: Financial Projections - The expected net profit for 2025 is significantly lower compared to previous years, indicating a challenging financial outlook for the company [1] - The projected profit decline is attributed to a combination of factors, including reduced new housing deliveries and structural adjustments in the company's bulk business [1] Group 2: Market Conditions - The ongoing contraction in new housing deliveries is impacting the company's business scale negatively [1] - Increased economic uncertainty is leading to intensified competition within the industry, which has resulted in a temporary decline in the company's overall gross profit margin [1] - The demand for home renovation and overseas markets is gradually being released but is not sufficient to fully offset the downward pressure from the main sales channels [1]