营收翻倍仍难扭亏 *ST兰黄2025年预计再度亏损

Core Viewpoint - *ST Lanzhou expects significant revenue growth in 2025, but continues to face delisting risks due to negative profit indicators [1][2] Group 1: Financial Performance - The company forecasts 2025 revenue between 400 million to 460 million yuan, compared to 211 million yuan in 2024 [1] - The net loss attributable to shareholders is projected to be between 62 million to 90 million yuan, an improvement from a loss of 99.87 million yuan in 2024 [1] - The net loss after excluding non-recurring gains and losses is expected to be between 100 million to 128 million yuan, compared to a loss of 78.16 million yuan in 2024 [1] Group 2: Business Development - The company is actively expanding its beer and beverage business beyond the northwest region, with significant growth in online sales revenue [1] - Increased sales expenses due to brand promotion and e-commerce marketing have contributed to a decline in profits [1] - Investments in Huanghe (Wuzhong) Beverage Co., Ltd. and Huanghe (Chongqing) Beverage Co., Ltd. are aimed at increasing the beverage business's contribution to revenue growth [1] Group 3: Delisting Risk - The company remains under delisting risk warning due to negative values in profit total, net profit, and net profit after excluding non-recurring gains for 2024 [2] - If the 2025 annual report shows continued negative financial indicators, the company faces potential termination of its listing [2] - The preparation and auditing of the 2025 annual report are ongoing, with all financial data subject to final audited results [2]