明冠新材：预计2025年净利润同比减少86.35%到138.53%

Core Viewpoint - The company expects a significant decline in net profit for the fiscal year 2025, projecting a loss between 160 million yuan and 125 million yuan, which represents a year-on-year decrease of 86.35% to 138.53% [1] Group 1: Financial Projections - The projected net profit attributable to the parent company for 2025 is expected to be between -160 million yuan and -125 million yuan [1] - This represents a decrease of 57.92 million yuan to 92.92 million yuan compared to the same period last year [1] Group 2: Business Performance - The solar cell backsheet business is experiencing reduced shipment volumes due to a contraction in market demand [1] - The solar encapsulation film business is facing intensified competition on the supply side of the industry chain, leading to a decline in product prices and an increase in year-on-year losses [1]