China Southern Power Grid Energy Efficiency & Clean Energy (003035.SZ) Projects 2025 Net Profit of 300-360 Million Yuan, Returning to Profitability

Stock News01-19

China Southern Power Grid Energy Efficiency & Clean Energy Co.,Ltd. (003035.SZ) has disclosed its 2025 annual performance forecast, anticipating a net profit attributable to shareholders of the listed company in the range of 300 million yuan to 360 million yuan, signaling a return to profitability. The company also forecasts a net profit after deducting non-recurring gains and losses between 307 million yuan and 367 million yuan. The announcement stated that the primary reasons for the expected turnaround to profit are twofold: first, the company's energy efficiency business segment has been consolidated and expanded, leading to steady growth in operating revenue. Second, comprehensive management efforts targeting low-efficiency existing assets, such as biomass projects, have yielded significant results; the operational performance of these biomass projects has improved, resulting in a substantial year-on-year reduction in impairment losses.

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