东方锆业：预计2025年归母净利润3700万元-5550万元，同比降低79.08%-68.62%

Core Viewpoint - The company expects a significant decline in net profit for the fiscal year 2025, projecting a range of 37 million to 55.5 million yuan, representing a year-on-year decrease of 79.08% to 68.62% [1] Financial Performance - The company's financial condition and asset structure have improved significantly, with the debt-to-asset ratio dropping below 20% [1] - Interest expenses and foreign exchange losses have decreased substantially compared to the same period last year, attributed to improved funding conditions and currency fluctuations [1] Market Conditions - Zircon prices have continued to decline, placing the industry in a cyclical low adjustment phase [1] - The company has managed to achieve a slight profit despite market pressures by continuously promoting cost reduction and efficiency improvements [1] Asset Management - The performance forecast includes impairment testing for inventories and long-term assets that show signs of impairment, with provisions for impairment already accounted for [1]