SPT ENERGY (01251) has announced that the group expects to report an attributable loss to its equity holders of approximately RMB 100 million to RMB 150 million for the full year ending December 31, 2025. This compares to an attributable loss of RMB 256 million for the previous year, indicating a narrowing of the loss. Based on a preliminary assessment of the management accounts and currently available information, the board attributes this result primarily to the following factors: 1. Optimization of the group's business structure and strengthened cost control measures implemented during the year; 2. A reduction in asset impairment losses for the group; and 3. Revenue growth from certain overseas projects, which contributed to an overall improvement in operational performance.