中原高速(600020.SH)：预计2025年净利润同比下降30%左右

Core Viewpoint - Zhongyuan Expressway (600020.SH) is expected to report a net profit attributable to shareholders of approximately 61.2 million yuan for the year 2025, representing a decrease of about 30% compared to the previous year [1] Financial Performance - The net profit attributable to shareholders is projected to decrease by approximately 26.839 million yuan compared to the previous year [1] - The net profit excluding non-recurring gains and losses is expected to be around 48.083 million yuan, reflecting a decrease of about 43% year-on-year, with a reduction of approximately 36.272 million yuan compared to the previous year [1] Market Conditions - The overall downturn in the real estate industry has led to a lack of signs of market demand recovery [1] - The company's wholly-owned subsidiary, Henan Jiaotong Yikang Investment Development Co., Ltd., has conducted preliminary impairment testing on assets such as inventory, resulting in the decision to make corresponding asset impairment provisions for certain real estate projects [1]