美克家居：预计2025年净亏损12亿元-18亿元

Core Viewpoint - Meike Home (600337.SH) expects a net profit attributable to shareholders of the listed company to be between -1.2 billion to -1.8 billion yuan for 2025, primarily due to macroeconomic factors and industry cycles affecting performance [1] Group 1: Financial Performance - The significant decline in retail business revenue is attributed to ongoing adjustments in the real estate sector and weak domestic consumer demand [1] - The company anticipates substantial losses due to various factors including store closures, production halts at its Tianjin subsidiary, and increased supply chain costs from changes in the international trade environment [1] Group 2: Operational Challenges - The company has proactively closed inefficient stores, leading to asset disposals, inventory write-downs, and costs associated with employee relocation and lease defaults [1] - The operational challenges have resulted in significant financial impacts, including the need for clearance sales of goods and the write-off of renovation expenses [1]