云南旅游(002059.SZ)：预计2025年净亏损3亿元-5.8亿元

Core Viewpoint - Yunnan Tourism (002059.SZ) expects a significant decline in net profit for 2025, projecting a loss of between 580 million to 300 million yuan, representing a year-on-year decrease of 1,963.95% to 967.56% [1] Financial Performance - The company anticipates a net profit of -590 million to -310 million yuan after excluding non-recurring gains and losses for 2025 [1] - The expected financial performance indicates that the company will continue to operate at a loss due to various factors affecting revenue [1] Business Strategy - In response to external environmental changes, the company is focusing on cost control and optimizing products based on customer needs [1] - The company aims to actively expand its market and broaden its business boundaries while promoting lean management practices [1] Operational Challenges - The tourism and cultural technology segment is experiencing a decline in revenue and gross margin year-on-year [1] - Traditional tourism business is negatively impacted by a decrease in customer spending, leading to a drop in business income [1] Impairment and Losses - The company has reported losses from its equity investments and has made provisions for asset impairments based on a cautious approach, which has negatively affected its performance [1]