Weihua New Materials: Net profit in the first half of the year was 83.15 million yuan, a year-on-year decrease of 52.91%.

date
26/08/2025
On the evening of August 26, Weihua New Materials disclosed its semi-annual report for the first half of 2025, achieving operating income of 437 million yuan, a year-on-year decrease of 30.71%; net profit attributable to shareholders was 83.1532 million yuan, a year-on-year decrease of 52.91%; basic earnings per share were 0.24 yuan. During the reporting period: 1. Affected by the demand from downstream agricultural chemical industry, the company's main product sales volume and prices decreased. 2. In terms of competitors, in some segments of the industry where the company operates, there was an increase in supply of certain products and intensification of market competition, leading to significant pressure on the company's revenue. 3. The subsidiary, Fanghua Trifluoromethylpyridine project, is in the trial production stage, with high initial operating expenses.