Dalian Thermal Power (600719.SH) forecasted a net loss ranging from 138 million to 166 million yuan for the year 2024.

Dalian Thermal Power (600719.SH) announced that the company expects to achieve a net profit attributable to shareholders of the listed company of -138 million to -166 million yuan in 2024; the net profit attributable to shareholders of the listed company excluding non-recurring gains and losses is expected to be -139 million to -167 million yuan. In the same period last year, the net profit attributable to shareholders of the listed company was 105 million yuan, while the net profit attributable to shareholders of the listed company excluding non-recurring gains and losses was -237 million yuan. The main reasons for the company's expected loss in performance this time are: first, the significant decrease in net profit compared to the same period last year is due to the net income from the disposal of assets of Donghai Power Plant recognized in the previous year; second, due to the continued high coal prices and the increase in depreciation expenses after the completion of the construction projects, the company's operating costs remain high.