YNCE(SH:600792) Xin Lang Cai Jing·2026-01-22 22:58Core Viewpoint - Yunnan Coal Industry Energy Co., Ltd. is forecasting a negative net profit for the year 2025, indicating a reduction in losses compared to the previous year [2][5]. Group 1: Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between -470 million yuan and -410 million yuan [3][5]. - The forecasted net profit, excluding non-recurring gains and losses, is anticipated to be between -520.5 million yuan and -460.5 million yuan [3][6]. - The performance forecast period is from January 1, 2025, to December 31, 2025 [4]. Group 2: Previous Year Performance - In 2024, the total profit was -656.0621 million yuan, with a net profit attributable to shareholders of the parent company at -662.2139 million yuan [8]. - The net profit, excluding non-recurring gains and losses for 2024, was -668.0075 million yuan [8]. - The basic earnings per share for 2024 were -0.62 yuan [9]. Group 3: Reasons for Performance Decline - The primary reason for the expected losses in 2025 is the significant decline in the prices of coking products, which has outpaced the decrease in the prices of upstream coking coal, influenced by market conditions in both the coal and steel industries [10].