华电辽宁能源发展股份有限公司 2025年年度业绩预告公告

Core Viewpoint - The company, Huadian Liaoning Energy Development Co., Ltd., anticipates a significant decline in net profit for 2025, projecting a decrease of 59.17% to 70.84% compared to the previous year [1][2]. Group 1: Performance Forecast - The company expects a net profit attributable to shareholders of between 0.25 billion to 0.35 billion yuan for 2025, a decrease of 0.50 billion to 0.60 billion yuan from 2024 [1]. - The net profit excluding non-recurring gains and losses is projected to be between 0.14 billion to 0.19 billion yuan, down by 0.24 billion to 0.29 billion yuan year-on-year [1]. Group 2: Previous Year’s Performance - In the previous year, the total profit was 0.81 billion yuan, with a net profit attributable to shareholders of 0.85 billion yuan and a net profit excluding non-recurring gains and losses of 0.43 billion yuan [2]. Group 3: Reasons for Performance Change - The anticipated decline in net profit is primarily due to the issuance of REITs in December 2024, which changed the ownership structure of four wholly-owned subsidiaries, resulting in 79.98% of their profits being recognized as minority interests [2]. - Excluding the impact of the REITs issuance, the net profit attributable to shareholders would have increased by 1.03 billion to 1.13 billion yuan, and the net profit excluding non-recurring gains and losses would have increased by 1.34 billion to 1.39 billion yuan [2].