Core Viewpoint - The company, Shougang Resources (00639.HK), expects a significant decline in net profit attributable to shareholders for the fiscal year ending December 31, 2025, projecting a range of approximately HKD 600 million to HKD 700 million, a decrease of about 60% to 53% compared to HKD 1.494 billion for the fiscal year ending December 31, 2024 [1] Group 1 - The decline in profit is primarily attributed to a 36% year-on-year decrease in the average selling price of the company's main coking coal products [1] - The drop in selling prices is due to a relaxed supply-demand situation in the domestic coal market for 2025, leading to weak coal prices and a significant year-on-year decline of approximately 30% in market prices for the company's main coking coal products [1] - The company has fully transitioned to mining lower coal seams since July 2024, resulting in changes in coal quality, with the higher-priced low-sulfur coking coal being discontinued, further impacting the overall selling price of the main coking coal products for the fiscal year [1]
首钢资源(00639.HK)：预计2025年度净利润约6亿港元至7亿港元