石英股份：2025年净利同比预降49.34%~58.63%

Core Viewpoint - The company Quartz Co., Ltd. (603688.SH) forecasts a significant decline in net profit for the fiscal year 2025, projecting a range between 138 million to 169 million yuan, representing a year-on-year decrease of 49.34% to 58.63% due to the impact of industry cycle fluctuations in the photovoltaic business [1]. Company Performance - The expected net profit for 2025 is between 138 million to 169 million yuan [1]. - The projected decline in net profit is between 49.34% to 58.63% compared to the previous year [1]. Industry Context - The decline in performance is attributed to the photovoltaic business being affected by cyclical fluctuations within the industry [1]. - There has been no substantial improvement in the supply-demand mismatch within the industry [1].