通源环境：预计2025年度净利润亏损4200万元到3200万元

Group 1 - The company, Tongyuan Environment, expects to report a net loss attributable to shareholders of the parent company ranging from -420 million to -320 million yuan for the year 2025 [1] - The primary reasons for the performance change include intensified market competition, a decline in operating revenue, and a decrease in project gross margins [1] - Management expenses have increased compared to the same period last year, mainly due to higher fixed asset depreciation [1] Group 2 - Investment income has decreased compared to the previous year, primarily due to significant losses from the company's equity investees [1] - Non-operating gains and losses have also reduced compared to the same period last year, largely due to a decrease in government subsidies received [1]