恒实科技：预计2025年净利润为负值

Core Viewpoint - Hengshi Technology announced an expected net loss for the fiscal year 2025, projecting a net profit attributable to shareholders of between -850 million to -680 million yuan, an improvement from the previous year's loss of -992 million yuan, reflecting a growth of 14.34% to 31.47% [1] Financial Performance - The expected net profit excluding non-recurring gains and losses is projected to be between -915 million to -745 million yuan, compared to -994 million yuan in the previous year, indicating a growth of 7.99% to 25.08% [1] - The anticipated operating revenue is expected to be between 850 million to 950 million yuan, down from 1.114 billion yuan in the previous year [1] Industry Impact - The company's performance is negatively impacted by intensified industry competition, project delays from major clients, and budget reductions, which are expected to adversely affect the operational results for 2025 [1]