Langfang development: net profit expected to increase by about 329% year on year in the first half of the year.

Langfang Development disclosed its performance forecast on the evening of July 11th, with the company expecting to achieve a net profit attributable to the owners of the parent company of about 4.1 million yuan in the first half of 2025, an increase of about 329% year-on-year. The main reasons for the performance increase in the first half of 2025 are: the unit price of coal, the main fuel required for heating business, has decreased compared to the same period of the previous year, and financial expenses and depreciation expenses have decreased compared to the same period of the previous year.