天顺股份(002800.SZ)：预计2025年亏损2000万元-3500万元

Core Viewpoint - Tian Shun Co., Ltd. (002800.SZ) expects a loss of 35 million to 20 million yuan in 2025, with a non-recurring loss in the same range, primarily due to ongoing market downturns and declining commodity prices [1] Group 1: Financial Performance - The company's operating revenue and gross margin have decreased year-on-year due to the sustained market decline and falling commodity prices [1] - A significant increase in financial expenses, attributed to reduced interest income, has led to a substantial decline in net profit [1] - The year-on-year increase in various credit impairment losses has also contributed to the significant drop in net profit [1] - Increased non-operating expenses due to litigation cases have further impacted net profit negatively [1]