Core Viewpoint - The company, Jingcheng Electromechanical Co., Ltd. (00187.HK), is expected to report a significant net loss for the fiscal year 2025, primarily due to increased international trade friction impacting its gas storage and transportation segment, leading to decreased sales and profits [1] Financial Performance - The projected net loss attributable to the parent company for 2025 is estimated to be between RMB 46 million and RMB 55.2 million, indicating a downturn compared to the previous year [1] - The expected net loss, excluding non-recurring gains and losses, is projected to be between RMB 74.6 million and RMB 89.5 million [1] Business Segments - The gas storage and transportation segment is facing significant pressure on export business due to intensified international trade conflicts, resulting in a decline in both sales and profit [1] - Emerging businesses such as hydrogen energy are still in the early stages of industry development, with the overall market scale not meeting expectations. Although revenue from related businesses has increased year-on-year, the profit level remains below expectations due to intensifying market competition [1] Investment and R&D - To enhance core competitiveness, the company is increasing investments in new product development and supply chain layout, leading to a rise in R&D expenses compared to the same period last year [1]
京城机电股份(00187.HK)：预计2025年度净亏损4600万到5520万元