BBMG (02009) announced that, based on preliminary calculations by the company's finance department, it expects to report a net loss attributable to shareholders of the listed company for the 2025 fiscal year in the range of 9 to 12 billion yuan. The company also forecasts a net loss attributable to shareholders of the listed company, excluding non-recurring gains and losses, to be between 34.5 and 37.5 billion yuan for the same period. This compares to a net loss attributable to shareholders of approximately 5.55 billion yuan and a net loss excluding non-recurring items of about 28.59 billion yuan for the 2024 fiscal year. The announcement stated that during the reporting period, both the company's building materials and real estate businesses were operating within a broader industry downturn. For the cement business, the company persistently optimized its strategic layout and solidly advanced cost-reduction and efficiency-improvement initiatives, leading to a turnaround in operating performance compared to the previous year, achieving profitability. The real estate business, however, was adversely affected by market conditions, including weakened demand and pressure on selling prices, which negatively impacted the operating profit of the company's real estate segment.