Core Viewpoint - The company, Hangzhou Kolin (688611.SH), expects a significant decline in net profit for the year 2025, projecting a loss between RMB -3.06 million and -4.59 million, which represents a decrease of RMB 76.10 million to 77.63 million compared to the previous year, indicating a year-on-year decline of 104.19% to 106.28% [1] Financial Performance - The projected net profit attributable to the parent company for 2025 is expected to be between RMB -3.06 million and -4.59 million, a decrease of RMB 76.10 million to 77.63 million year-on-year [1] - The expected net profit after deducting non-recurring gains and losses for 2025 is projected to be between RMB -6.50 million and -9.75 million, reflecting a reduction of RMB 76.89 million to 80.14 million compared to the previous year, resulting in a year-on-year decline of 109.23% to 113.85% [1] Reasons for Decline - The primary reasons for the anticipated decline in net profit include a year-on-year decrease in operating revenue and increased depreciation costs associated with the commencement of several projects, including the perovskite photovoltaic module production line, initial public offering investment projects, new photovoltaic construction projects, and grid-side energy storage projects [1]
杭州柯林:2025年预亏306万元至459万元