Guofeng New Materials: It is expected to incur a net loss of 65-85 million yuan by 2025.
Guofeng New Materials released a performance forecast, expecting a net loss of 65-85 million yuan in 2025, compared to a loss of 69.7225 million yuan in the same period last year. During the reporting period, the company's leading industry, the film industry, continued to increase production capacity, but the supply and demand imbalance did not improve, still in the industry's trough; the new production line was in the early stage of production capacity climbing, with relatively high unit production costs and structural optimization needed. The company's operations continued to be under pressure and it was unable to reverse the loss-making situation.
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