哈三联：2025年预计全年净亏损3.15亿元—3.75亿元

Core Viewpoint - The company, 哈三联, is forecasting a significant net loss for the year 2025, with expected losses ranging from 315 million to 375 million yuan, primarily due to declining sales prices and increased costs [1] Group 1: Financial Performance - The projected total revenue for 2025 is expected to be 790 million yuan, representing a year-on-year decrease of 343 million yuan, or 30% [1] - The gross profit after deducting operating costs is insufficient to cover selling, administrative, and R&D expenses due to the decline in product sales prices while unit costs remain stable [1] Group 2: Cost and Expense Analysis - Sales expenses are expected to increase by over 23.5 million yuan, attributed to higher investments in the health sector and the establishment of a new office in Hangzhou [1] - Depreciation expenses are projected to rise by over 31 million yuan due to the completion of construction projects [1] - Losses from inventory write-offs are anticipated to increase by approximately 14.5 million yuan, mainly due to expired inventory and production inefficiencies [1] - Financial expenses are expected to rise by over 15 million yuan [1] Group 3: Impairment and Non-Recurring Losses - The company plans to fully recognize a significant credit impairment loss of 24.626 million yuan related to transactions with specific partners [1] - Non-recurring losses include approximately 7 million yuan from asset disposals and a fair value loss of 11.31 million yuan from investments in a Hong Kong stock [1]