新光光电(688011.SH)业绩快报：2025年净亏损3766.53万元

Core Viewpoint - The company reported a significant decline in revenue and net profit for the fiscal year 2025, indicating challenges in both military and civilian product segments [1] Financial Performance - The company achieved total operating revenue of 116 million yuan, a year-on-year decrease of 32.56% [1] - The net profit attributable to the parent company was -37.6653 million yuan, which represents an improvement in loss by 30.2931 million yuan compared to the previous year [1] - The net profit attributable to the parent company, excluding non-recurring gains and losses, was -56.9028 million yuan, showing a reduction in loss by 25.4629 million yuan year-on-year [1] Factors Affecting Performance - The primary reason for the company's losses was a decrease in operating revenue [1] - Revenue decline was attributed to military products, where some R&D products were delivered but did not meet acceptance criteria due to the need for system integration and testing [1] - Additionally, certain models of mass-produced products were not completed for delivery within the reporting period, and there was a year-on-year reduction in contract orders for civilian products [1]