JXGNCL(SZ:000899) Zheng Quan Ri Bao Wang·2025-08-22 05:59Core Insights - The company reported a slight decline in revenue but significant growth in net profit for the first half of 2025, indicating improved profitability despite lower sales [1][2] Financial Performance - The company achieved an operating revenue of 3.031 billion yuan, a year-on-year decrease of 1.53% - Net profit attributable to shareholders was 438 million yuan, a year-on-year increase of 29.39% - The net profit excluding non-recurring items was 444 million yuan, up 31.84% year-on-year [1] Power Generation and Segments - Total power generation reached 7.331 billion kWh, a 0.52% increase from the previous year - Thermal power generation was 6.891 billion kWh, down 0.45% - Hydropower generation fell significantly by 50.66% to 106 million kWh - New energy generation surged by 113.47% to 334 million kWh [2] Cost Management and Efficiency - The gross margin for electricity products improved to 20.79%, an increase of 5.28 percentage points year-on-year - The company has implemented various measures to reduce costs and enhance efficiency, benefiting from lower fuel costs due to a decrease in national coal prices [4] Future Strategy - The company plans to focus on clean coal power as a core asset while optimizing its industrial layout and accelerating transformation - It aims to build a collaborative development system integrating clean coal, new energy, and energy storage, transitioning from a traditional power producer to a comprehensive energy service provider [3][5] Market Position - As of the report's end, the company's operational thermal power capacity accounted for 12.63% of the total thermal power capacity in Jiangxi province, supporting sustainable development in the region [4]