FDM(SZ:002196) Xin Lang Cai Jing·2026-01-29 08:46Core Viewpoint - The company expects a significant turnaround in net profit for the fiscal year 2025, projecting a profit of 18 million to 27 million yuan compared to a loss of 28.34 million yuan in the previous year [1] Financial Performance - Projected operating revenue for 2025 is estimated to be between 2.86 billion and 2.9 billion yuan, an increase from 2.474 billion yuan in the same period last year [1] - The overall increase in operating revenue is attributed to the rise in production projects from downstream customers and increased demand [1] Market Conditions - Despite intense market competition and a decline in sales prices for some products, the company has managed to maintain its overall gross profit margin at a level comparable to the previous year [1] - The optimization of customer and product structure, along with the implementation of various cost-reduction measures, has contributed to this stability in gross profit margin [1] Investment Income - Significant growth in the performance of joint ventures has led to a year-on-year increase in investment income [1]