Core Viewpoint - Tianbao Energy (01671) anticipates a revenue of approximately RMB 774 million for the fiscal year ending December 31, 2025, representing a decline of about 6.1% compared to 2024, while net profit is expected to increase by approximately 1.1% to RMB 11.54 million, and profit attributable to equity shareholders is projected to rise by 84.5% to RMB 8.36 million [1] Revenue and Profit Forecast - The company expects a revenue of approximately RMB 774 million for the year ending December 31, 2025, which is a decrease of about 6.1% compared to the same period in 2024 [1] - The anticipated net profit for the year is approximately RMB 11.54 million, reflecting a growth of about 1.1% year-on-year [1] - Profit attributable to equity shareholders is projected to be around RMB 8.36 million, marking an increase of 84.5% compared to 2024 [1] Factors Influencing Performance - The decline in revenue is primarily attributed to a decrease in coal procurement prices, which affects the steam segment's income due to the coal-steam price linkage mechanism [1] - The company has successfully expanded its new energy business, including energy storage and photovoltaic power station operations, contributing to profit growth in this segment [1] - Efforts to implement cost reduction and efficiency enhancement policies have further helped in lowering expenditure [1]
天保能源(01671)发盈喜 预期2025年度股东应占溢利约836万元 同比增长约84.5%