洪田股份(603800.SH)：预计2025年净利润同比减少90.17%到85.26%

Core Viewpoint - Hongtian Co., Ltd. (603800.SH) expects a significant decline in net profit for the fiscal year 2025, with projections indicating a decrease of 90.17% to 85.26% compared to the previous year [1] Financial Performance - The company anticipates a net profit attributable to shareholders of the parent company ranging from 11.5 million to 17.25 million yuan, a drop of 105.27% to 102.64% in net profit after deducting non-recurring gains and losses [1] - The expected net profit after deducting non-recurring items is projected to be between -4.1 million and -2.05 million yuan, reflecting a decrease of 8.18 million to 7.98 million yuan compared to the previous year [1] Industry Context - Despite a recovery in the electrolytic copper foil industry, the upstream equipment sector, where the company operates, is experiencing a lag in recovery [1] - The company's subsidiary, Hongtian Technology, has several equipment orders still in production, delivery, or installation phases, which have not been completed for final acceptance and revenue recognition within the current accounting year [1]