惠城环保(300779.SZ)：预计2025年净利润同比增长29.11%-64.32%

Core Viewpoint - Huicheng Environmental Protection (300779.SZ) expects a net profit attributable to shareholders of 55 million to 70 million yuan in 2025, representing a year-on-year growth of 29.11% to 64.32% [1] - The net profit after deducting non-recurring gains and losses is projected to be 42 million to 57 million yuan, indicating a year-on-year increase of 40.35% to 90.47% [1] Business Performance - The company has deepened its market layout for catalysts, solidifying its domestic market share while expanding overseas business to achieve incremental growth [1] - Sales volume and revenue have increased significantly, leading to notable economic benefits [1] - The high-sulfur petroleum coke hydrogen ash comprehensive utilization project has maintained stable and efficient operations, resulting in consistent economic benefits [1] Technological Advancements - The 200,000 tons per year mixed waste plastic resource utilization demonstration project has successfully completed trial production, with the facility passing on-site performance assessments [1] - This project has validated the maturity and reliability of the technology, establishing a complete industrial chain from low-value mixed waste plastics to high-end polyolefin products, achieving preliminary economic benefits [1] Collaborative Efforts - The company's various business segments are advancing in coordination, resulting in profit growth compared to the same period last year [1]