Empire Group: Expects a net loss of 200-300 million yuan in 2025.
The announcement from DiKe Group states that the estimated net profit for the year 2025 is expected to be a loss of 200 million to 300 million yuan. During the reporting period, the company's performance changes were mainly due to non-recurring gains and losses, with an impact on the net profit attributable to the shareholders of the listed company of approximately -400 million to -500 million yuan. To hedge against the risk of fluctuations in silver prices, the company conducted hedging operations through silver futures contracts; and to reduce the purchasing cost of silver powder and hedge against the risk of fluctuating silver prices, the company engaged in silver leasing business. In this period, the price of silver rose rapidly and significantly, leading to a large amount of fair value change losses on silver futures and silver leasing as calculated based on the silver price on the balance sheet date.
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