栖霞建设：预计2025年年度净利润约为-16亿元至-19亿元

Group 1 - The company expects a net profit attributable to shareholders of approximately -1.6 billion to -1.9 billion yuan for the fiscal year 2025 [1] - The main reason for the profit decline is the increase in sales revenue from completed projects, but the corresponding project gross margin is low, leading to a mismatch between revenue and profit growth [1] - Due to the overall real estate market conditions and the specific market environment of the projects, the company has made provisions for inventory impairment based on prudence [1] Group 2 - The company holds shares in Palm Eco-Town Development Co., Ltd., which is expected to impact the net profit for 2025 by approximately -97.94 million to about -118 million yuan [1]