绿城水务(601368) - 2025 Q2 - 季度业绩预告

Guangxi Greentown Water Co., Ltd. 2025 Semi-Annual Performance Pre-announcement This announcement provides a preliminary forecast for the company's 2025 semi-annual performance, indicating a significant year-over-year decline in net profit Performance Forecast Key Highlights The company forecasts a significant 54.29% to 69.04% decline in 2025 semi-annual net profit attributable to shareholders, triggering disclosure rules 2025 Semi-Annual Performance Forecast Key Indicators | Indicator | Estimated Amount (CNY Million) | Year-over-Year Change | | :--- | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | 21.00 to 31.00 | ↓ 54.29% to 69.04% | | Net Profit Excluding Non-Recurring Items | 14.00 to 20.00 | ↓ 65.38% to 75.77% | - This performance forecast adheres to the SSE disclosure rule for profit changes exceeding 50% compared to the prior year[2] Details of Current Period Performance Forecast Preliminary estimates for H1 2025 project net profit attributable to shareholders between CNY 21 million and CNY 31 million, with non-recurring net profit between CNY 14 million and CNY 20 million 2025 Semi-Annual Performance Forecast (Compared to Prior Year) | Item | 2025 H1 Estimated (CNY Million) | Decrease from Prior Year (CNY Million) | Year-over-Year Decrease | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | 21.00 - 31.00 | 36.82 - 46.82 | 54.29% - 69.04% | | Net Profit Excluding Non-Recurring Items | 14.00 - 20.00 | 37.77 - 43.77 | 65.38% - 75.77% | - This performance forecast represents preliminary, unaudited estimates based on the company's operational status[4] Prior Period (2024 H1) Performance Review The company's H1 2024 performance included a total profit of CNY 79.72 million, net profit attributable to shareholders of CNY 67.82 million, and basic earnings per share of CNY 0.0768 2024 Semi-Annual Key Financial Data | Indicator | Amount | | :--- | :--- | | Total Profit | 79.72 CNY Million | | Net Profit Attributable to Parent Company Shareholders | 67.82 CNY Million | | Net Profit Excluding Non-Recurring Items | 57.77 CNY Million | | Basic Earnings Per Share | 0.0768 CNY/Share | Analysis of Performance Decline Reasons The significant decline in profitability is primarily due to increased net exchange losses from foreign currency borrowings and higher bad debt provisions - Performance decline reason 1: Increased net exchange losses on foreign currency borrowings due to exchange rate fluctuations[6] - Performance decline reason 2: Increased bad debt provisions due to growth in accounts receivable balances and aging[6] Risk Warning and Other Explanatory Notes The company emphasizes this performance forecast is preliminary and unaudited, advising investors that final financial data will be subject to the official 2025 semi-annual report - This performance forecast is a preliminary, unaudited estimate based on the company's operating conditions[7] - Final financial data will be based on the company's officially disclosed 2025 semi-annual report, cautioning investors about investment risks[8]