准油股份(002207.SZ)：预计2025年净亏损3700万元–4300万元

Core Viewpoint - The company, Junyou Co., Ltd. (002207.SZ), forecasts a significant increase in net losses for the fiscal year 2025, projecting a loss of between 37 million to 43 million yuan, compared to a loss of 15.7354 million yuan in the same period last year [1] Summary by Relevant Categories Financial Performance - The net profit attributable to shareholders is expected to be a loss of 37 million to 43 million yuan, with a previous year's loss of 15.7354 million yuan [1] - The net profit after deducting non-recurring gains and losses is projected to be a loss of 39 million to 45 million yuan, compared to a loss of 16.9826 million yuan in the previous year [1] Operational Challenges - The decrease in workload for the continuous oil pipe business has led to insufficient work volume, resulting in reduced revenue and increased costs due to remote dispatch and operations in different locations [1] - Adjustments in the development plans by the original owners have caused a pause in drilling workloads, leading to increased construction costs due to more complex underground conditions [1] - The company is undergoing professional integration, restructuring engineering construction-related businesses into subsidiaries, which has resulted in increased labor and operational costs [1] - The workover business is facing challenges from aging equipment and declining operational capabilities, leading to a gross loss despite an increase in workload and some operational improvements [1] - Management expenses have increased year-on-year, primarily due to the initiation of a specific stock issuance, which has raised the quality requirements for intermediary work and increased verification workload [1]