CHINANEWENERGY (01156) has announced an expected net loss after tax for the fiscal year ending December 31, 2025, of approximately RMB 20 million to RMB 30 million. This represents a significant reduction of about 66.3% to 49.4% compared to the net loss after tax of RMB 59.29 million reported for the year ended December 31, 2024. The decrease in net loss for the current year is primarily attributed to a reduction in impairment losses under the group's expected credit loss model.
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