侨源股份:2025年全年净利润同比预增51.51%—71.62%

Core Viewpoint - Qiaoyuan Co., Ltd. expects a significant increase in net profit for the year 2025, projecting a growth of 51.51% to 71.62% compared to the previous year [1] Financial Performance - The company anticipates a net profit attributable to shareholders of 226 million to 256 million yuan for 2025 [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between 215 million and 245 million yuan, reflecting a year-on-year increase of 49.80% to 70.71% [1] Growth Drivers - The primary reasons for the performance growth include: 1. Expansion of gas business scale, leading to increased production and sales, which boosts revenue [1] 2. Reduction in electricity costs, resulting in improved gross margins [1] 3. A significant impairment loss on long-term assets recorded in the same period last year, which is not expected to recur [1] - The impact of non-recurring gains and losses on net profit is estimated to be approximately 11 million yuan [1]