Core Viewpoint - Chongqing Sifang New Materials Co., Ltd. is expected to report a net loss for the first half of 2025, with significant declines in revenue and profit compared to the same period last year [2][3]. Group 1: Performance Forecast - The company anticipates a net profit attributable to shareholders of between -20 million yuan and -30 million yuan for the first half of 2025, indicating a loss compared to the previous year [2][3]. - Estimated operating revenue for the first half of 2025 is approximately 540.19 million yuan, representing a year-on-year decrease of 22.59% [2][3]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, is projected to be between -35 million yuan and -50 million yuan [2][3]. Group 2: Previous Year Performance - In the same period last year, the total profit was 9.47 million yuan, with a net profit attributable to the parent company of 11.30 million yuan, and a net profit excluding non-recurring gains and losses of 5.16 million yuan [4]. - Earnings per share for the previous year were 0.07 yuan [4]. Group 3: Reasons for Performance Decline - The primary reason for the expected loss in the first half of 2025 is the significant decline in market demand due to a downturn in the real estate sector, with a reported 41.4% decrease in new construction area in Chongqing from January to May 2025 [4]. - The competitive landscape in the ready-mixed concrete industry has intensified, leading to a decrease in sales prices. The average tax-inclusive guidance price for C30 concrete in Chongqing was 305 yuan per cubic meter, down 22 yuan per cubic meter compared to the same period last year, adversely affecting the company's gross margin and net profit [5]. - Increased credit impairment losses have been noted due to liquidity issues faced by downstream real estate and construction companies, resulting in delays in the collection of accounts receivable [7].

Core Viewpoint - Tianyang New Materials (Shanghai) Co., Ltd. is expected to report a significant net loss for the first half of 2025, with projections indicating a net profit attributable to shareholders ranging from -8 million to -11.5 million yuan, representing a year-on-year decrease of approximately 81% to 160% [2][5]. Financial Performance Summary - The estimated net profit for the first half of 2025 is projected to be between -8 million and -11.5 million yuan, a decrease of 3.58 million to 7.08 million yuan compared to the same period last year [2][5]. - After excluding non-recurring gains and losses, the net profit is expected to be between -6.45 million and -9.95 million yuan, which indicates an increase of 1.15 million to 4.65 million yuan year-on-year, translating to a growth of approximately 10% to 42% [3][6]. Business Impact Analysis - The company's main business segments, including hot melt adhesives, electronic adhesives, and wall fabric businesses, have shown stable operations. However, revenue from photovoltaic encapsulation adhesive films has decreased by approximately 55% compared to the previous year due to overall industry overcapacity and ongoing price competition, leading to low selling prices and even negative gross margins [8][9]. - The decision to reduce order volumes in response to the adverse market conditions has resulted in decreased revenue, while the company continues to incur depreciation costs on its facilities and equipment that are already in use, contributing to the overall negative net profit [9]. Comparison with Previous Year - In the same period last year, the total profit was 5.5029 million yuan, with a net profit attributable to the parent company of -4.4166 million yuan. The net profit after excluding non-recurring items was -11.095 million yuan [8]. - The significant percentage changes in the current year's projections are partly due to the low comparative base from the previous year [9].

Core Viewpoint - The company, Shangong Shenbei Group Co., Ltd., is forecasting a significant loss for the first half of 2025, with expected net profit attributable to shareholders ranging from -63 million to -78 million yuan [2][4]. Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to June 30, 2025 [3]. - The company anticipates a net profit attributable to shareholders of -63 million to -78 million yuan, a stark contrast to the previous year's profit of 45.94 million yuan [4][6]. - The expected net profit after deducting non-recurring gains and losses is projected to be between -85 million and -100 million yuan [5]. Group 2: Previous Year’s Performance - In the same period last year, the total profit was 69.79 million yuan, with a net profit attributable to shareholders of 45.94 million yuan and a net profit of 21.77 million yuan after deducting non-recurring gains and losses [6]. Group 3: Reasons for Performance Decline - The primary reason for the shift from profit to loss is operational losses in overseas markets, particularly in the European sewing machine business and SG Investment America, Inc. [6]. - Although domestic operations are generally profitable, they are insufficient to cover the losses from overseas operations [6]. - The company’s subsidiary, DA Company, has faced declining orders and increased manufacturing costs due to poor demand in key markets and high energy and raw material prices [6]. - SGIA's aviation manufacturing business is currently in a loss state due to integration and production recovery challenges [6]. - The company has implemented measures such as workforce reduction and cost efficiency improvements in response to these challenges [6]. Group 4: Non-Recurring Gains and Losses - During the performance forecast period, non-recurring gains and losses are expected to decrease by approximately 2 million yuan compared to the previous year, primarily due to reduced gains from the disposal of financial assets and increased gains from equity disposals [8].

Group 1 - The company expects a net profit attributable to shareholders of the parent company for the first half of 2025 to be between -39.5 million and -35 million yuan, with a net profit excluding non-recurring gains and losses estimated between -48.5 million and -44 million yuan [1][2] - The projected operating revenue for the first half of 2025 is estimated to be between 160 million and 200 million yuan, with the revenue from core business activities expected to be between 153.4 million and 160 million yuan [1][2] - The company reported a net profit attributable to shareholders of the parent company for the same period last year of -40.4 million yuan, with a net profit excluding non-recurring gains and losses of -54.4 million yuan [2] Group 2 - The primary reason for the expected loss is that the gross profit from sales is insufficient to cover the period expenses, leading to a loss for the current period [2] - The company has increased efforts in promoting products that have won centralized procurement bids and is leveraging its channel advantages to enhance market promotion of non-procurement products [2] - The company aims to expand its pharmaceutical distribution business to strengthen its overall scale [2]

Group 1 - The company expects a net profit attributable to the parent company for the first half of 2025 to be between -485 million yuan and -245 million yuan, indicating a loss [1][2] - The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be between -477 million yuan and -241 million yuan [1][2] - The preliminary financial assessment indicates that the company will experience a decrease in revenue and gross profit compared to the same period last year, along with high expense outlays [2] Group 2 - For the first half of 2024, the total profit was -748 million yuan, and the net profit attributable to the parent company was -776 million yuan [2] - The earnings per share for the first half of 2024 were reported at -0.41 yuan [2] - The expected reduction in losses for the current period is attributed to the consolidation of Zhuhai Duty-Free Enterprises Group Co., Ltd. into the financial statements, which positively impacts the current period's profit and loss [2]

证券代码：605178 证券简称：时空科技 公告编号：2025-044 北京新时空科技股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ? 本业绩预告适用于净利润为负值的情形。 ? 公司 2025 年半年度实现归属于母公司所有者的净利润预计为-7,500 万元 到-6,100 万元。 ? 公司 2025 年半年度实现归属于母公司所有者的扣除非经常性损益后的 净利润预计为-7,300 万元到-6,000 万元。 一、本期业绩预告情况 （一）业绩预告期间 （二）业绩预告情况 利润为-7,500 万元到-6,100 万元，与上年同期相比，仍为亏损。 利润为-7,300 万元到-6,000 万元。 （三）本次业绩预告为公司根据经营情况的初步预测，未经注册会计师审计。 二、上年同期经营业绩和财务状况 （一）利润总额：-8,247.83 万元。归属于母公司所有者的净利润：-7,456.72 万元。归属于母公司所有者的扣除非经常性损益的净利润：-7,448.97 万元。 （二）每股收益：-0.75 元。 三、本期 ...

Core Viewpoint - Antai Group (600408) expects a net loss attributable to shareholders of approximately 95 million yuan for the first half of 2025, with a net loss of about 91 million yuan after excluding non-recurring gains and losses [1] Group 1: Financial Performance - The anticipated loss for the first half of 2025 is primarily due to significant maintenance and repairs conducted in the first quarter, which led to reduced production scale and increased unit costs, resulting in operational losses during that period [1] - In the second quarter, while production and sales volumes remained stable, the company faced declining prices for key products such as tar, crude benzene, and H-shaped steel due to changes in market conditions, which significantly reduced product gross margins and prevented a turnaround in operational performance [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 （股份代號：588） 二零二五年半年度業績預虧公告 本公告乃根據上市規則第13.09條及第13.10B條，以及證券及期貨條例第XIVA 部項下的內幕消息條文作出。 董事會謹此公告，預計截至二零二五年六月三十日止半年度的本公司所有者之 應佔利潤（不含投資性房地產公平值變動損益）將繼續虧損。本次所預計的業績 未經核數師審閱或審計，並非基於已經核數師審計或正式審閱之財務資料而作 出且仍有待定稿，請本公司股東及有意投資者關注本公司二零二五年中期業績 報告列載之具體財務資料。 本公司股東及有意投資者於買賣本公司證券時務請審慎行事。 本公告由北京北辰實業股份有限公司（「本公司」）根據香港聯合交易所有限公司證 券上市規則（「上市規則」）第13.09條及第13.10B條，以及《證券及期貨條例》（香港 法例第571章）（「證券及期貨條例」）第XIVA部項下的內幕消息條文作出。 1 本公司董事會（「董事會」）謹此公告，預計 ...

Group 1 - The company expects a net profit attributable to shareholders of the parent company for the first half of 2025 to be between -140 million and -170 million yuan, indicating a loss compared to the same period last year [1][2] - The expected net profit after deducting non-recurring gains and losses for the first half of 2025 is also projected to be between -140 million and -170 million yuan [1][2] Group 2 - The main reasons for the anticipated loss include a decline in sales prices of key products like urea due to macroeconomic conditions and government policies affecting the fertilizer industry, as well as a significant decrease in export volumes [2] - The report period saw a continuous rise in international sulfur prices, leading to increased procurement costs for domestic sulfur and sulfuric acid, as well as a notable rise in potassium fertilizer prices, which contributed to higher costs for phosphate fertilizer products [2] - There was an increase in the provision for various impairment losses compared to the previous year [2]

Group 1 - The company, Tianyang New Materials, is forecasting a net profit of -11.5 million yuan, which represents a decrease of 3.58 million to 7.08 million yuan compared to the same period last year, indicating a year-on-year decrease of approximately 81% to 160% [1][2] - The expected profit for the current period is projected to be between -6.45 million and -9.95 million yuan, which is an increase of 1.15 million to 4.65 million yuan compared to the same period last year, reflecting a year-on-year increase of approximately 10% to 42% [1][2] - The company's previous year's total profit was 5.5029 million yuan, with a net profit attributable to the parent company of -4.4166 million yuan and a net profit after deducting non-recurring gains and losses of -11.095 million yuan [1][2] Group 2 - The main reason for the expected loss is the significant decline in revenue from the photovoltaic encapsulation adhesive film, which decreased by approximately 55% due to overall industry overcapacity and ongoing price competition, leading to a negative gross profit situation [2] - The comparison to the previous year's figures is affected by a relatively small base, which contributes to the large percentage changes in the current profit forecast [2]