TGWC(SH:600116) Zheng Quan Zhi Xing·2025-07-11 10:11Group 1 - The company expects a significant decline in net profit for the first half of 2025, projecting a net profit of 40 million yuan, which represents a decrease of 77.30% to 82.54% compared to the same period last year [1] - The net profit excluding non-recurring gains and losses is estimated to be between 26 million and 38 million yuan, reflecting a year-on-year decrease of 81.90% to 87.62% [1] - The previous year's net profit was 229.03 million yuan, with a total profit of 282.83 million yuan [2] Group 2 - The decline in profit is primarily attributed to a decrease in electricity business profits, with a reduction of approximately 71 million yuan due to lower water inflow affecting power generation [2] - The company achieved a record high in electricity sales of 6.802 billion kWh, an increase of 2.66% year-on-year, which partially offset the losses [2] - Additional losses were incurred from tax payments and reduced investment income from affiliated companies, totaling approximately 47 million yuan [3]