先河环保：预计2025年净利润为1200万元–1800万元，同比实现扭亏为盈

Core Viewpoint - The company expects to achieve a net profit of 12 million to 18 million yuan in 2025, marking a turnaround from losses in the previous year, with a significant reduction in credit impairment losses and goodwill impairment provisions contributing to this improvement [1] Financial Performance - The projected net profit for 2025 is between 12 million and 18 million yuan, indicating a return to profitability compared to the previous year [1] - The expected net profit after deducting non-recurring gains and losses is estimated to be between 165,000 and 765,000 yuan [1] Key Factors for Profitability - The company recovered approximately 95 million yuan in receivables that were overdue for more than three years, which significantly improved cash flow [1] - Credit impairment losses for the current year are expected to decrease by about 103 million yuan compared to 2024 [1] - The company plans to recognize a goodwill impairment provision of approximately 5 million yuan, a substantial reduction from the 74.41 million yuan recognized in 2024 [1] - Non-recurring gains and losses are anticipated to impact net profit by about 10.35 million yuan, primarily from debt restructuring gains [1]