电科网安(002268.SZ)：预计2025年净利润同比下降58.9%–68.38%

Core Viewpoint - The company, Electric Science and Technology Network Security (002268.SZ), expects a significant decline in net profit for 2025, projecting a decrease of 58.90% to 68.38% compared to the previous year [1] Financial Performance - The projected net profit attributable to shareholders for 2025 is between 50 million to 65 million yuan, with a substantial year-on-year decline [1] - The net profit after deducting non-recurring gains and losses is expected to be between 25 million to 35 million yuan, reflecting a decrease of 65.62% to 75.44% year-on-year [1] Revenue and Contracts - Despite a year-on-year increase in new contracts signed, the company's overall revenue is expected to decline due to the timing of contract signings and certain projects not meeting revenue recognition criteria within 2025 [1] - The company's gross profit margin has been affected by market supply and demand dynamics, contributing to the anticipated revenue decline [1] Other Income - Other income, including government subsidies and financial gains, is projected to decrease year-on-year, further impacting the net profit outlook for 2025 [1]