惠天热电：预计2025年全年净亏损3800万元—7000万元

Core Viewpoint - The company, Huitian Thermal Power, has released its annual performance forecast, indicating a projected net loss for 2025, attributed to various operational factors and government subsidies [1] Financial Performance - The expected net profit attributable to shareholders for 2025 is projected to be between -70 million and -38 million [1] - The expected net profit after deducting non-recurring gains and losses is projected to be between -326.04 million and -276.04 million [1] Reasons for Performance Change - The company received approximately 250 million in government subsidies during the reporting period, which is classified as non-recurring gains and will be included in the 2025 profit and loss statement [1] - The company effectively controlled coal procurement costs by leveraging long-term coal price agreements [1] - Enhanced scheduling in the storage and transportation segment helped in controlling transportation costs [1] - The implementation of energy-saving and consumption-reduction measures has shown positive results [1]