Jinkong Power: Net profit is expected to increase by 383.21% - 507.90% in 2025.

State Grid Power announces that from January 1 to December 31, 2025, the net profit attributable to shareholders of the listed company is expected to be between 155 million and 195 million yuan, a year-on-year increase of 383.21% to 507.90%; the net profit after deducting non-recurring gains and losses is expected to be between 143 million and 183 million yuan, compared to a loss of 81.31 million yuan in the same period of the previous year, an increase of 276.20% to 325.39%; basic earnings per share are expected to be between a loss of 0.0132 yuan/share and 0.0262 yuan/share. The increase in performance is mainly due to the decrease in coal prices, which reduces the cost of coal procurement. This performance forecast has not been audited and is based on preliminary calculations.