登云股份(002715.SZ)：预计2025年净亏损1300万元-1800万元

Core Viewpoint - The company expects a significant decline in net profit for 2025, projecting a loss of between 18 million to 13 million yuan, with a net profit excluding non-recurring gains and losses expected to be between 10 million to 7 million yuan [1] Group 1: Financial Performance - The primary reason for the profit decline is a substantial decrease in production volume in the gold mining and selection business due to factors related to engineering construction, leading to a significant drop in gross margin [1] - The sales volume and profit from the gold mining and selection business have decreased significantly year-on-year, contributing to the overall profit decline [1] - The company recorded a loss due to the sale of 75% of its stake in Beijing Huanglong Jintai Mining Co., Ltd., which further impacted the net profit and net profit excluding non-recurring items [1]