中国铁钛(00893)发布公告，集团预期2025年上半年将取得归属于公司拥有人的纯利不多于约人民币150 万元，而2024年上半年则取得归属于公司拥有人的亏损净额约人民币20万元。 上述各项(i)获集团设施管理服务分部稳定的收入来源支持，但(ii)主要受较高的环保合规成本及产量下 降(由与高品位铁矿场业务相关的持续升级及逐步扩展工程引致)造成的较低规模经济效益影响而被部分 抵销。 2025年上半年的估计财务业绩有所改善，主要源于：(a)(i)担保费收入增加;及(ii)终止确认若干应付款 项，令其他收入增加;(b)在并无于2024年上半年取得的出售固定资产的亏损及若干非经常性开支的情况 下，其他开支减少;(c)中国平均资金成本下降令财务成本减少。 ...

Core Viewpoint - China Iron Titanium (00893.HK) expects to record a net profit attributable to shareholders of approximately RMB 1.5 million in the first half of 2025, compared to a net loss of approximately RMB 0.2 million in the first half of 2024 [1] Financial Performance Summary - The estimated financial performance improvement for the first half of 2025 is primarily due to: - (a) (i) An increase in guarantee fee income and (ii) the termination of recognition of certain payables, leading to an increase in other income [1] - (b) A reduction in other expenses without the losses from the sale of fixed assets and certain non-recurring expenditures recorded in the first half of 2024 [1] - (c) A decrease in financial costs due to a decline in the average cost of funds in China [1] Operational Factors - The stable income sources from the group's facility management services support the increase in guarantee fee income [1] - The lower economies of scale are primarily impacted by higher environmental compliance costs and a decrease in production, which is attributed to ongoing upgrades and gradual expansion projects related to high-grade iron ore operations [1]