Chengdu Road and Bridge: Expected loss of 65-97.5 million yuan in performance by 2025.

Chengdu Road & Bridge announced that the net profit attributable to shareholders of listed companies is expected to be a loss of 65 to 97.5 million yuan in 2025, compared to a loss of 92.1721 million yuan in the same period last year. The non-recurring net profit is expected to be a loss of 68 to 100 million yuan, compared to a loss of 65.2065 million yuan in the same period last year. Basic earnings per share are expected to be a loss of 0.09 to 0.13 yuan per share, compared to a loss of 0.12 yuan per share in the same period last year. The decline in performance is mainly due to pressure on the construction business, although revenue has slightly increased year-on-year, operating expenses have increased significantly, and there has been a delay in the collection of payments from completed projects, leading to the provision of credit losses on accounts receivable.