雷柏科技(002577.SZ)：预计2025年净亏损390万元~550万元

Core Viewpoint - Rapoo Technology (002577.SZ) is forecasting a net loss for the fiscal year 2025, reversing from a profit in the previous year, primarily due to increased sales expenses and significant foreign exchange losses [1] Financial Performance - The company expects a net profit attributable to shareholders to be a loss of 5.5 million to 3.9 million yuan, compared to a profit of 36.75 million yuan in the same period last year [1] - The net profit after deducting non-recurring gains and losses is projected to be a loss of 22 million to 20 million yuan, down from a profit of 23.24 million yuan in the previous year [1] Operational Factors - The anticipated loss is attributed to the company's ongoing efforts to expand online sales channels and innovate marketing models, leading to a year-on-year increase in sales expenses of approximately 32% [1] - The company has also faced increased foreign exchange losses due to market fluctuations [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]