According to the financial news app, Huaihe Energy (600575.SH) has released its performance forecast for the first half of 2024, and the net income attributed to the owner of the parent company is expected to be between 0.555 billion yuan and 0.595 billion yuan, an increase of 193.27 million yuan to 233.27 million yuan compared to the same period last year (restated data: 361.85 million yuan), a year-on-year increase of 53.41% to 64.47%. It is expected that the net income attributed to the owner of the parent company, excluding non-recurring gains and losses, will be between 0.505 billion yuan and 0.545 billion yuan, an increase of 243.8 million yuan to 283.8 million yuan compared to the same period last year (restated data: 261.46 million yuan), a year-on-year increase of 93.25% to 108.54%.

The main reasons for the expected increase in performance this period are as follows: the impact of main business is mainly due to the increase in power generation of Panji Power Generation Company, Huaihu Coal Power Co., Ltd., and Guqiao Power Plant compared to the same period last year; the impact of non-operating gains and losses is mainly due to the decrease in government subsidies received in this period compared to the previous period, and the current net loss/gain of the subsidiary company from the beginning of the period to the merger date of the same controlled enterprises as non-recurring gains and losses.