Group 1 - The company Sifang New Materials expects a net profit of approximately -300 million yuan for the fiscal year 2025, indicating an increase in losses compared to the previous year [1] - The primary reason for the performance decline is the ongoing downturn in the market, particularly affecting the demand for ready-mixed concrete in Chongqing, where the real estate sector has seen a 29.4% decrease in new construction area from January to December 2025 [1] - The decline in demand for ready-mixed concrete has led to overall sales falling short of expectations, compounded by the fact that the decrease in raw material costs has not kept pace with the decline in sales prices, resulting in a drop in gross profit margins for ready-mixed concrete [1]
四方新材:预计2025年净利润为-3亿元左右