中科通达(688038.SH)2025年度归母净亏损398.02万元

Core Viewpoint - Zhongke Tongda (688038.SH) reported a significant decline in revenue and net profit for the fiscal year 2025, primarily due to external factors affecting project bidding and contract execution, alongside strategic decisions to reduce low-quality projects [1] Financial Performance - The company achieved operating revenue of 262.638 million yuan, a decrease of 23.33% compared to the same period last year [1] - The net profit attributable to the parent company was -3.9802 million yuan, with a net profit excluding non-recurring gains and losses of -6.7069 million yuan [1] Factors Affecting Performance - The decline in operating revenue was influenced by lower-than-expected progress in government project bidding, contract signing, and implementation due to external environmental factors [1] - The company actively reduced low-quality integration projects to control risks, contributing to the revenue drop [1] - The focus on expanding software business led to an increase in the proportion of pure software business revenue, optimizing the business structure and improving overall gross margin [1] Cost Management and Cash Flow - The company implemented measures to optimize organizational structure, strengthen cost control, and enhance operational efficiency, resulting in a year-on-year decrease in period expenses [1] - There was an increase in sales collections compared to the previous year, which positively impacted the net operating cash flow, while credit impairment losses provisioned on a cautious basis decreased compared to the same period last year [1]