天顺股份发布2025年业绩，归母净亏损2383.34万元

Core Viewpoint - Tian Shun Co., Ltd. reported a significant decline in revenue and incurred net losses for the year 2025, primarily due to adverse market conditions in the coal industry [1] Financial Performance - The company's operating revenue for 2025 was 1.137 billion yuan, representing a year-on-year decrease of 25.69% [1] - The net loss attributable to shareholders was 23.83 million yuan, with a net loss of 25.54 million yuan after excluding non-recurring gains and losses [1] - Basic loss per share was 0.1565 yuan [1] Industry Context - The coal market experienced a downward shift in prices due to supply and demand dynamics, leading to sustained pressure on domestic coal prices [1] - There was a decline in market demand and increased competition within the industry, which contributed to the contraction of the company's supply chain and third-party logistics businesses [1]