四方新材：2025年预亏3亿元左右

Core Viewpoint - The company Sifang New Materials (605122) is expected to report a net loss of approximately 300 million yuan for the fiscal year 2025, indicating an increase in losses compared to the previous year [1] Financial Performance - The projected operating revenue for 2025 is around 1 billion yuan [1] - The decline in the real estate sector has significantly impacted the demand for the company's concrete products, with a reported 29.4% decrease in new construction area in Chongqing from January to December 2025 [1] Market Conditions - The primary market for the company's ready-mixed concrete is Chongqing, where the downturn in the real estate industry has led to a substantial reduction in product demand [1] - The cost of key raw materials for ready-mixed concrete has decreased at a slower rate than the selling prices, resulting in a decline in gross profit margins for the company's concrete sales [1]