XZPT(SZ:002207) Xin Lang Cai Jing·2026-01-29 10:30Core Viewpoint - The company expects a decline in revenue and an increase in net loss for the fiscal year 2025 compared to the previous year, primarily due to reduced market activity and increased operational costs [1] Revenue Expectations - The company anticipates achieving an operating revenue of 330 million to 360 million yuan in 2025, compared to 342 million yuan in the same period last year [1] Net Profit Forecast - The projected net loss attributable to shareholders for 2025 is estimated to be between 37 million and 43 million yuan, a significant increase from the net loss of 15.7354 million yuan in the previous year [1] Reasons for Increased Loss - The increase in loss is attributed to several factors: - A general decrease in workload for the coiled tubing business, leading to underutilization of the workforce and a need to expand into new markets outside of Xinjiang [1] - Insufficient operational activity resulting in decreased revenue, alongside increased costs from remote dispatch and operations in different locations [1] - Adjustments in development plans by original owners and a pause in drilling activities, necessitating the transfer of drilling teams to new market blocks, which has led to more complex underground conditions and higher construction costs [1] - The company is undergoing professional integration and restructuring of engineering-related businesses into subsidiaries, which has resulted in increased labor and operational costs [1] - The workover business is affected by aging equipment and declining operational capacity, leading to a situation where, despite an increase in workload and some operational improvement, gross profit remains negative [1] - Management expenses have risen year-on-year, primarily due to the initiation of a specific stock issuance process, which has increased the quality requirements for intermediary work and the volume of verification tasks [1]