Core Viewpoint - Jiutai Bonda Energy (02798) expects a significant decline in net profit after tax for the first half of 2025, projecting a profit of approximately RMB 6 million to 10 million, representing a year-on-year decrease of about 97.6% to 99.9% [1] Summary by Relevant Categories Financial Performance - The company anticipates a drastic reduction in net profit due to a sharp decline in coking coal prices, which has severely impacted coal selling prices and compressed the company's gross margin [1] - The projected net profit for the first half of 2025 is between RMB 6 million and 10 million, indicating a substantial decrease compared to previous periods [1] Operational Challenges - Geological complexities at the Hongguo and Baogushan coal mines have slowed operational progress, reduced coal mine utilization rates, and increased costs related to underground preparation and waste disposal [1] - Despite implementing operational efficiency measures, the company faces rising compliance-related costs due to increased safety management expenses, land compensation for expansions, and the development of compliant waste landfills [1]
久泰邦达能源发盈警 预期上半年除税后纯利约600万至10万元 同比减少约97.6%至99.9%