苏能股份：预计2025年净利润同比减少81%到87%

Core Viewpoint - The company, Suneng Co., Ltd., anticipates a significant decline in net profit for the fiscal year 2025, projecting a decrease of 81% to 87% compared to the previous year, primarily due to falling coal sales prices and increased tax burdens [1] Financial Projections - The expected net profit attributable to the parent company for 2025 is projected to be between 182 million to 259 million yuan, a decrease of 1.126 billion to 1.203 billion yuan year-on-year [1] - The projected net profit, excluding non-recurring gains and losses, is estimated to be between 160 million to 237 million yuan, reflecting a year-on-year decrease of 1.179 billion to 1.256 billion yuan [1] Factors Influencing Performance - The decline in operating revenue and net profit is mainly attributed to the decrease in coal sales prices [1] - The company's subsidiary, Shaanxi Guojiahe Coal Industry Co., Ltd., is facing increased tax burdens due to changes in income tax rates [1] - The company has terminated the recognition of certain deferred tax assets, resulting in an increase in consolidated tax expenses by 322 million yuan, further contributing to the decline in net profit [1]