PER ENERGY (02798) issued a profit warning, expecting the net profit after tax for the first half of the year to be approximately 6 million to 10,000 yuan, a year-on-year decrease of about 97.6% to 99.9%.

According to the announcement by PER ENERGY (02798), the group expects to achieve a post-tax net profit of approximately 6 to 10 million Chinese yuan in the first half of 2025, a year-on-year decrease of about 97.6% to 99.9%. The announcement stated that the expected decrease in net profit is mainly attributed to the following factors: during the relevant period, the market price of clean coal fell sharply, significantly reducing the coal selling price, thereby directly compressing the group's gross profit margin; the geological conditions of the underground working faces of the Honggu Coal Mine and the Baogu Shan Coal Mine are complex, slowing down the operation progress, reducing the coal mine utilization rate, and increasing the related costs of preparing for work and disposing of waste underground; and despite the implementation of operational efficiency measures, compliance-related costs continue to rise due to a significant increase in safety management costs, expansion of land compensation, and the development of compliant waste landfills.