Dongyue Group Issues Profit Alert, Anticipates Over 100% Surge in 2025 Net Profit Attributable to Owners

Stock News02-10

Dongyue Group (00189) has announced that it expects the net profit attributable to company owners for 2025 to increase by more than 100% compared to the previous year. The significant profit growth is primarily due to substantial price increases for multiple products in the Group's refrigerant segment, along with strict cost and expense control measures implemented by the Group. Additionally, the mentioned profit growth has taken into account the adverse impact on the Group's net profit caused by a considerable year-on-year rise in asset impairment losses. This impairment stems from the Group's gradual shutdown of two older power plants in 2025, a move required by policy directives.

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