雷柏科技：预计2025年全年净亏损390万元—550万元

Core Viewpoint - Rapoo Technology is expected to report a net loss attributable to shareholders of the listed company ranging from 3.9 million to 5.5 million yuan for the year 2025, marking a significant shift from profit to loss compared to the previous year [1] Financial Performance - The company anticipates a net profit loss of 22 million to 20 million yuan after excluding non-recurring gains and losses for the year 2025 [1] - The expected net profit for 2025 represents a year-on-year decline, indicating a transition from profit to loss [1] Operational Challenges - The primary reasons for the anticipated losses include increased investment in online sales channel expansion and marketing innovation, leading to a 32% year-on-year increase in sales expenses [1] - The company has experienced significant foreign exchange losses due to market fluctuations, contributing to the overall financial downturn [1] - A long-term partner has filed for bankruptcy, prompting the company to fully provision for bad debts related to accounts receivable from this client [1]