盛泰集团(605138.SH)：预计2025年归母净利润为1800万元至2700万元，同比减少42.12%至61.41%

Core Viewpoint - The company, Shengtai Group (605138.SH), expects a significant decrease in net profit for the fiscal year 2025, projecting a range of 18 million to 27 million yuan, which represents a year-on-year decline of 42.12% to 61.41% [1] Group 1: Financial Projections - The expected net profit attributable to shareholders for 2025 is forecasted to be between 18 million and 27 million yuan, indicating a substantial decrease compared to the previous year [1] - After excluding non-recurring gains and losses, the projected net profit is estimated to be between 30 million and 45 million yuan, reflecting a year-on-year change of a decrease of 25.83% to an increase of 11.25% [1] Group 2: Reasons for Performance Decline - The primary reason for the anticipated decline in performance is the increased uncertainty in the global economic and trade environment, which has led to a weaker demand against a backdrop of strong supply in the textile industry [1] - The company expects to recognize an asset impairment of approximately 25 million yuan related to its investment in Natural Fiber Welding, Inc. due to market changes [1] - Additionally, the company incurred around 21 million yuan in severance compensation due to the integration of certain production bases, which also contributed to the decline in net profit [1]