先河环保：2025年全年净利润预计同比扭亏

Core Viewpoint - The company expects to turn a profit in 2025, with a projected net profit attributable to shareholders ranging from 12 million to 18 million yuan, marking a significant turnaround from previous losses [1] Financial Performance - The expected net profit for 2025 is projected to be between 12 million and 18 million yuan, indicating a year-on-year turnaround [1] - The net profit excluding non-recurring gains and losses is anticipated to be between 165 thousand and 765 thousand yuan [1] Key Reasons for Profit Turnaround - The company recovered approximately 95 million yuan in receivables that were overdue for more than three years, leading to a decrease in credit impairment losses by about 103 million yuan compared to 2024 [1] - A significant reduction in goodwill impairment testing is expected, with an estimated provision of about 5 million yuan for the current year, down from 74.41 million yuan in 2024 [1] - Non-recurring gains are expected to impact net profit by approximately 10.35 million yuan, primarily from debt restructuring gains [1]