尤洛卡(300099.SZ)：预计2025年归母净利润1.8亿元-1.9亿元，同比增长89.32%-99.84%

Core Viewpoint - Youluoka (300099.SZ) expects a significant increase in net profit for the year 2025, while the net profit excluding non-recurring gains is projected to decline [1] Financial Performance - The net profit attributable to shareholders is estimated to be between 180 million to 190 million yuan, representing a year-on-year growth of 89.32% to 99.84% [1] - The net profit excluding non-recurring gains is projected to be between 80 million to 90 million yuan, indicating a year-on-year decline of 17.91% to 7.65% [1] Reasons for Performance Changes - The increase in net profit is primarily due to the divestiture of non-core assets, which generated performance compensation gains and equity investment income [1] - The decline in net profit excluding non-recurring gains is attributed to intensified market competition and external environmental changes, which have pressured profit margins [1] - The impact of non-recurring gains during the reporting period is approximately 100 million yuan [1]