Hongdou Industrial: Expected net profit loss of 95 million to 135 million yuan in the first half of 2025

Hongdou Industrial announced that the company expects the net profit attributable to shareholders of the listed company for the first half of 2025 to be between -95 million yuan and -135 million yuan. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses is expected to be between -100 million yuan and -140 million yuan for the first half of 2025. During the reporting period, due to intense competition in the clothing industry and insufficient consumer willingness, the company's sales performance decreased by approximately 20% year-on-year, a decrease of about 210 million yuan, and the gross profit margin decreased by approximately 6% year-on-year, resulting in a year-on-year decrease in gross profit of about 148 million yuan. In addition, the company's equity investment income decreased by approximately 29 million yuan year-on-year, credit impairment losses increased by approximately 16 million yuan year-on-year, and taxes and surcharges, selling expenses, management expenses, research and development expenses, and financial expenses decreased by approximately 51 million yuan year-on-year