Hillstone Networks(SH:688030) Ge Long Hui A P P·2026-01-27 09:45Core Viewpoint - The company, 山石网科, anticipates a significant increase in net losses for the fiscal year 2025, projecting a loss of between 180 million to 220 million yuan, which represents a year-over-year increase in losses of 42.79 million to 82.79 million yuan, or a rise of 31.19% to 60.34% compared to the previous year [1] Financial Projections - The expected net profit attributable to the parent company, excluding non-recurring gains and losses, is projected to be a loss of 185 million to 225 million yuan, with a year-over-year increase in losses of 33.99 million to 73.99 million yuan, reflecting a rise of 22.51% to 49.00% [1] - The anticipated operating revenue for 2025 is estimated to be between 890 million to 950 million yuan, indicating a decline of 4.67% to 10.70% compared to the previous year [1]