Core Viewpoint - China Titanium (00893) anticipates a net profit attributable to shareholders of approximately RMB 1.5 million in the first half of 2025, compared to a net loss of about RMB 200,000 in the first half of 2024 [1] Financial Performance Summary - The estimated financial performance for the first half of 2025 shows improvement due to: - (a)(i) An increase in guarantee fee income - (ii) Termination of recognition of certain payables, leading to an increase in other income - (b) A reduction in other expenses without the losses from the sale of fixed assets and certain non-recurring expenses that were present in the first half of 2024 - (c) A decrease in financial costs due to lower average funding costs in China [1][1][1] Operational Challenges - The stable income from the group's facility management services supports the increase in guarantee fee income, but this is partially offset by: - Higher environmental compliance costs - A decrease in production due to ongoing upgrades and gradual expansion projects related to high-grade iron ore operations, leading to lower economies of scale [1][1][1]
中国铁钛预计中期归母净利润不多于约150万元