小崧股份(002723.SZ)：预计2025年净亏损1.5亿元—2.25亿元

Core Viewpoint - Xiaosong Co., Ltd. (002723.SZ) forecasts a net loss of 150 million to 225 million yuan for the fiscal year 2025, compared to a loss of 225 million yuan in the same period last year [1] Financial Performance - The net profit attributable to shareholders is expected to be a loss of 150 million to 225 million yuan, while the previous year's loss was 225 million yuan [1] - The net profit after deducting non-recurring gains and losses is projected to be a loss of 177 million to 252 million yuan, compared to a loss of 192 million yuan in the same period last year [1] Revenue and Orders - The company experienced a decrease in product orders, leading to a decline in revenue [1] - The reduction in order income resulted in underutilization of production capacity, high fixed costs, and a decrease in gross profit, contributing to the profit decline [1] Engineering Business - There was a significant reduction in revenue from engineering construction services, while related expenses did not decrease year-on-year, further impacting profitability [1]