河南大有能源股份有限公司

Core Viewpoint - The company, Henan Dayou Energy Co., Ltd., has announced a significant expected loss for the first half of 2025, with a projected net profit attributable to shareholders of -820 million yuan, indicating an increase in loss compared to the previous year [2][4]. Financial Performance Summary - The company anticipates a net profit of -820 million yuan for the first half of 2025, which is a decline of 330.12 million yuan compared to the same period last year [2][4]. - The expected net profit, excluding non-recurring gains and losses, is projected to be -826.33 million yuan, reflecting an increase in loss of 340.49 million yuan year-on-year [2][4]. - In the same period last year, the net profit attributable to shareholders was -489.88 million yuan, and the net profit after excluding non-recurring items was -485.84 million yuan [6]. Operational Challenges - The primary reason for the anticipated loss is attributed to a significant decline in coal prices, with the average selling price of coal dropping approximately 29% year-on-year, leading to a decrease in coal sales revenue by about 746 million yuan [8].