粤电力(000539) - 2025 Q2 - 季度业绩预告

Expected Performance for the Current Period The company anticipates a significant decline in its 2025 first-half performance, with net profit attributable to shareholders projected to be RMB 28 million to RMB 36 million, and a non-recurring loss of RMB 15 million to RMB 23 million Key Financial Performance Indicators | Item | January 1 - June 30, 2025 | Prior Period | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company | Profit: RMB 28 million - RMB 36 million | Profit: RMB 902.94 million | | Year-over-Year Change | Decrease: 96.90% - 96.01% | - | | Net Profit After Deducting Non-Recurring Gains and Losses | Loss: RMB 15 million - RMB 23 million | Profit: RMB 886.06 million | | Year-over-Year Change | Decrease: 102.60% - 101.69% | - | | Basic Earnings Per Share | Profit: RMB 0.0053/share - RMB 0.0069/share | Profit: RMB 0.1720/share | Explanation of Performance Changes The significant year-over-year decline in first-half 2025 performance is primarily due to falling electricity prices, which reduced average power generation gross margins as revenue decreased more than costs - The primary reason for the significant year-over-year decline in first-half performance is the substantial decrease in electricity prices due to market and policy factors, leading to a greater reduction in revenue than costs and a decline in average power generation business gross margin[5] - Despite the overall weak performance in the first half, the company achieved a quarter-over-quarter turnaround in Q2 2025, primarily driven by the gradual release of power generation capacity and increased contributions from new energy businesses[5] Other Information The company states this performance forecast is a preliminary estimate by the finance department, unaudited by an accounting firm, with final data to be disclosed in the 2025 semi-annual report, urging investor caution - This performance forecast has not been pre-audited by an accounting firm[4] - The company advises that this forecast is a preliminary estimate by the finance department, with specific data subject to the final semi-annual report disclosure, urging investors to be aware of risks[7]