Sino Prima Gas(300483) Quan Jing Wang·2025-05-13 09:59Core Insights - The company reported a significant increase in revenue and natural gas production for the first quarter of 2025, with revenue reaching 688 million yuan, a year-on-year growth of 156% [1] - The company achieved a net profit of 20.93 million yuan, marking a turnaround from previous losses [1] Group 1: Production and Revenue Growth - The company aims to enhance natural gas exploration and development, targeting a daily production rate exceeding 3.2 million cubic meters by the end of 2025, with an annual production forecast of over 900 million cubic meters [1] - The substantial increase in production is expected to lead to significant improvements in overall performance [1] Group 2: Cost Management - The company is focused on deep coalbed methane development, which is anticipated to lower costs due to technological advancements and optimized solutions [1] - Infrastructure development, including electric and water networks, is being pursued to improve operational efficiency and reduce development costs [1] Group 3: Sales Strategy - The company plans to expand its downstream sales of natural gas, emphasizing the importance of sales price fluctuations on performance elasticity [1] - With increased production and enhanced supply capabilities, the company aims to match prices with more favorable downstream customers [1]