宣泰医药：预计2025年净利润同比下降57.65%-64.71%

Core Viewpoint - The company expects a significant decline in net profit and revenue for the fiscal year 2025 compared to the previous year, primarily due to price reductions in domestic drug procurement policies and increased competition in overseas markets [1] Financial Performance - The company anticipates a net profit attributable to shareholders of the parent company between 45.07 million and 54.08 million yuan for 2025, representing a decrease of 73.62 million to 82.63 million yuan year-on-year, which corresponds to a decline of 57.65% to 64.71% [1] - The expected operating revenue for 2025 is projected to be between 394 million and 473 million yuan, reflecting a decrease of 39.02 million to 118 million yuan compared to the previous year, equating to a decline of 7.63% to 23.02% [1] Reasons for Decline - The decline in net profit and revenue is attributed to several factors: 1. The ongoing domestic drug procurement policy has led to significant price reductions for some products, narrowing profit margins 2. Increased competition and adjustments in tariff policies in overseas markets have resulted in decreased sales and profitability for related products [1] - The company has also made provisions for impairment losses on accounts receivable, inventory, and goodwill based on prudence principles according to relevant accounting standards, negatively impacting current net profit [1]