With Far Gas: It is expected that the operating situation will gradually improve starting from the second quarter.
At the performance presentation, Far Gas stated that the company's first quarter operating income was 355 million yuan, basically the same as last year, while the net profit attributable to shareholders was 25.20 million yuan, a year-on-year decrease of 16.47%. The main reasons were the gradual confirmation of employee restricted stock incentive expenses and the impact of additional depreciation from the conversion of some projects to fixed assets. With the gradual stabilization and increase in production of products from the company's industrial parks in Qianjiang and Yichang, it is expected that the company's operating situation will gradually improve starting from the second quarter of 2025.
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