CMES(SH:601872) Zhi Tong Cai Jing·2026-01-08 09:11Core Viewpoint - The company expects a net profit attributable to shareholders of 6 billion to 6.6 billion yuan for the year 2025, representing a year-on-year growth of 17% to 29% [1] Group 1: Profit Growth Drivers - The anticipated growth in 2025 is primarily due to the oil tanker fleet capitalizing on market recovery, with expected operating profit in the fourth quarter projected to increase by 200% to 230% year-on-year [1] - The company expects a significant increase in non-recurring income during the reporting period, driven by factors such as the disposal of old vessels yielding good returns and the acquisition of Antong Holdings shares, which is expected to realize fair value changes in the third quarter and will be accounted for using the equity method starting in the fourth quarter [1] - The dry bulk and ro-ro fleet is expected to experience a temporary decline in operating profit during the reporting period [1]