城发环境(000885.SZ)：预计2025年归母净利润同比增长0.31%～12.57%

Core Viewpoint - Chengfa Environment (000885.SZ) forecasts a net profit attributable to shareholders of 1.145 billion to 1.285 billion yuan for the fiscal year 2025, representing a year-on-year growth of 0.31% to 12.57% [1] Financial Performance - The net profit after deducting non-recurring gains and losses is expected to be between 910 million and 1.06 billion yuan, indicating a year-on-year decline of 3.49% to 17.15% [1] - The increase in net profit attributable to the parent company is attributed to the completion of the equity sale of its subsidiary, Walkman, which realized previously unrealized profits at the consolidated financial statement level [1] - Additionally, the report period includes some non-operating income generated from project acquisitions [1]