Ningxia Yinxing Energy forecasts significant profit growth

NingXia YinXing Energy (SZSE:000862) has released its first-quarter performance forecast for 2025, anticipating a significant rise in net profit attributable to shareholders. The company estimates net profit to range between CNY 70 million and CNY 76 million, representing a growth of 52.94% to 66.05% compared to the same period last year (CNY 45.77 million). Net profit after deducting non-recurring gains and losses is projected to be between CNY 68 million and CNY 74 million, a 55.68% to 69.41% increase from last year (CNY 43.68 million). Basic earnings per share are expected to be between CNY 0.0763 and CNY 0.0828, compared to CNY 0.0499 in the first quarter of 2024. The company attributes this growth to increased utilization hours and higher profits from its renewable energy power generation assets. The final results are subject to the company's official first-quarter report, and investors are advised to be aware of investment risks.