Kanglong Huacheng: It is expected that the net profit will decrease by 36%-39% year-on-year in the first half of 2025.
Kanglong Chemical announced that it is expected to achieve operating income of 6.333 billion to 6.501 billion yuan from January 1, 2025 to June 30, 2025, an increase of 13% to 16% year-on-year. The net profit attributable to shareholders of the listed company is expected to be 679 million to 713 million yuan, a decrease of 36% to 39% year-on-year. The net profit after deducting non-recurring gains and losses is expected to be 624 million to 648 million yuan, an increase of 34% to 39% year-on-year. The adjusted net profit attributable to shareholders of the listed company under non-IFRS is expected to be 732 million to 766 million yuan, a year-on-year increase of 6% to 11%.
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