北玻股份：预计2025年净利润同比下降37.13%-56.98%

Core Viewpoint - The company, Beibo Co., Ltd. (002613), anticipates a significant decline in net profit for the year 2025, projecting a range of 26 million to 38 million yuan, which represents a year-on-year decrease of 56.98% to 37.13% [1] Financial Performance - The expected net profit attributable to shareholders is forecasted to be between 26 million and 38 million yuan, with a year-on-year decline of 56.98% to 37.13% [1] - The projected non-recurring net profit is estimated to be between 15.5 million and 21 million yuan, reflecting a year-on-year decrease of 69.12% to 58.16% [1] Revenue and Cost Factors - The company cites several reasons for the decline in net profit, including a 3.7% year-on-year decrease in operating revenue due to industry adjustments [1] - Increased management expenses and fixed asset reporting, along with the expansion into new high-end equipment and glass sectors, have contributed to higher costs [1] - Significant growth in advertising and promotional expenses has also impacted profitability, with these costs rising substantially compared to the previous year [1] - The company has seen an increase in export revenue, which has led to a rise in overseas commission expenses [1]