品高股份(688227.SH)：2025年预亏4400万元至5400万元

Core Viewpoint - Pingao Co., Ltd. (688227.SH) expects a decline in revenue for 2025, with projected operating income between 450 million to 530 million yuan, reflecting a year-on-year change of -13.46% to 1.92% [1] Group 1: Financial Projections - The expected net profit attributable to the parent company for 2025 is projected to be between -54 million to -44 million yuan, indicating a reduction in losses by 10.06 million to 20.06 million yuan compared to the previous year [1] - The net profit attributable to the parent company, excluding non-recurring gains and losses, is anticipated to be between -65 million to -55 million yuan, showing a decrease in losses by 6.88 million to 16.88 million yuan year-on-year [1] Group 2: Reasons for Financial Changes - The narrowing of losses is primarily attributed to improved customer payment management, leading to increased collections and a decrease in credit impairment losses year-on-year [2] - The company has implemented cost reduction and efficiency enhancement measures, resulting in a year-on-year decline in period expenses [2] - However, losses from certain subsidiaries have widened due to business adjustments, which have negatively impacted the consolidated net profit attributable to the parent company [2]