南网能源(003035.SZ)：预计前三季度净利润同比增长125.08%

Core Viewpoint - The company, Nanfang Energy, expects a significant increase in net profit for the first three quarters of 2023, driven by strong core business performance and reduced credit impairment losses [1] Financial Performance - The net profit attributable to shareholders is projected to be 342.36 million yuan, representing a year-on-year growth of 125.08% [1] - The net profit after deducting non-recurring gains and losses is expected to be 343.61 million yuan, reflecting a year-on-year increase of 134.96% [1] - Operating revenue is anticipated to rise by 15.37% compared to the previous year [1] Key Drivers of Growth - The main reasons for the profit increase include: - Continued strong performance in the company's core business [1] - A significant reduction in credit impairment losses, as the previous year saw large impairment losses related to biomass project subsidy receivables [1] - Effective management of low-efficiency biomass assets, with the bankruptcy management of Yangshan South Electric Company leading to its exclusion from the consolidated financial statements [1] - A substantial decrease in income tax expenses year-on-year [1]