Core Viewpoint - The company reported a slight increase in revenue but a significant decrease in gross profit and net profit for the first half of 2025 compared to the same period in 2024 [1] Financial Performance - Revenue for the first half of 2025 was approximately 935 million yuan, representing a year-on-year increase of 3.14% [1] - Gross profit was about 190 million yuan, showing a year-on-year decrease of 13.8% [1] - Net profit attributable to equity holders was estimated at approximately 107 million yuan, a decline of 27.84% year-on-year [1] - Earnings per share stood at 0.23 yuan [1] Operational Metrics - As of June 30, 2025, the company's heating area reached 69.826 million square meters, an increase of 2.389 million square meters or 3.54% compared to the same date in 2024 [1] - The number of heating customers served by the company was 572,273, an increase of 19,825 customers or 3.59% from 552,448 customers in the same period of 2024 [1] - Heating business revenue for the first half of 2025 was approximately 926 million yuan, reflecting a year-on-year growth of 2.89% [1] Cost and Profitability Factors - The decrease in gross profit was primarily attributed to the addition of new peak-shaving coal-fired boilers, which increased the proportion of coal heating and led to higher costs [1] - The reduction in net profit was mainly due to the decline in gross profit and an increase in bad debt provisions, which were 23.8351 million yuan higher than the previous year [1]
春城热力公布中期业绩 净利约1.07亿元 同比降低27.84%