江航装备：预计2025年净利润同比减少48.17%至60.13%

Core Viewpoint - The company anticipates a significant decline in net profit for the fiscal year 2025, with projections indicating a decrease of approximately 48.17% to 60.13% compared to the previous year [1] Financial Projections - The expected net profit attributable to shareholders is projected to be between 50 million to 65 million yuan, a decrease of approximately 60.4 million to 75.4 million yuan year-on-year [1] - The net profit excluding non-recurring gains and losses is expected to be between 37 million to 52 million yuan, reflecting a decrease of approximately 52.03 million to 67.03 million yuan year-on-year [1] Factors Influencing Performance - The decline in revenue from aviation products is attributed to changes in market conditions, industry policies, and the delivery schedule of product orders [1] - The company is increasing its investment in research and development for military and civilian aircraft, advanced manufacturing, and new strategic industries, which is contributing to the decrease in net profit [1]