BNMC(SH:601011) Ge Long Hui A P P·2026-01-23 12:16Core Viewpoint - The company Baotailong (601011.SH) is expected to report a significant net loss for the year 2025, with estimates ranging from -325 million to -163 million yuan for net profit attributable to shareholders, and from -450 million to -280 million yuan for net profit after deducting non-recurring gains and losses [1] Financial Performance - The company anticipates a net profit attributable to shareholders for 2025 to be between -325 million yuan and -163 million yuan [1] - The expected net profit after excluding non-recurring items is projected to be between -450 million yuan and -280 million yuan [1] Operational Challenges - The company has not produced any coke or related by-products this year due to market fluctuations in the coking industry and maintenance of coking equipment [1] - Some coal mines are still under construction, contributing to operational delays [1] Legal and Financial Implications - The company’s subsidiary, Shuangyashan Longmei Tiantai Coal Chemical Co., Ltd., is involved in legal matters that may affect current profits due to interest, compensation, and case acceptance fees [1] - The company will account for these legal impacts according to relevant accounting standards, with specific amounts to be confirmed by the auditing agency [1]