CFHI(SH:601106) Ge Long Hui A P P·2026-01-16 10:26Core Viewpoint - The company, China First Heavy Industries (601106.SH), expects to report a net profit attributable to shareholders of the parent company for 2025 in the range of -310 million to -460 million yuan, indicating a significant reduction in losses compared to the previous year [1] Financial Performance - The company anticipates a reduction in losses by approximately 3.276 billion to 3.426 billion yuan compared to the same period last year [1] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -662 million and -812 million yuan, with a reduction in losses of about 2.95 billion to 3.1 billion yuan year-on-year [1] Operational Challenges - The company faces operational losses from certain subsidiaries, one-time provisions for internal retirement benefits, and income tax payments from profitable subsidiaries, which contribute to the negative net profit and net profit attributable to shareholders [1] Sector Performance - Despite the overall loss, the power station casting and forging segment, as well as the nuclear power sector, have shown better development due to deep adjustments in energy structure and certain industrial policies [1] - The company's subsidiary, Qiqihar New Energy Co., Ltd., achieved investment income from the sale of wind farms this year, contributing to a significant reduction in losses [1]