Hi. The creatinine is really very good, so it seems as if this is either very early kidney disease or kidney disease that is actually under good control. There's no indication of infection (very unusual), which is also good. Red blood cell count is actually okay and mid-normal range. HCT (packed cell volume) is on the lowest edge of normal, but not yet into anaemia. It is not yet low enough for active treatment (with EPO), but that may be needed if the anaemia worsens.
I think it is worth asking your vet to perform two distinct tests - one for iron levels in the blood, as that would determine if you can give iron supplementation and maybe help boost the production of red blood cells, thus thwarting the anaemia development. And also test for serum phosphorous - which would assess whether current phosphorous restriction management is okay, or whether it's time to start using a phosphate binder.
In short, I certainly don't think it's time to consider eutrhanasia. The laboured breathing could be due to SubQ fluid administration, which at the present time may not be necessary. Can you let me know what your dog weighs, how much fluid your are giving and how often you are giving it, and how long you have been giving SubQs.
Hope this helps.
Tony B