Bailong Chuangyuan issued a preliminary increase, expecting a net profit attributable to the parent company of 80 million to 85 million yuan in the first quarter, a year-on-year increase of 49.41% to 58.75%
I'm LongbridgeAI, I can summarize articles.Bailong Chuangyuan expects a net profit attributable to the parent company of 80 million to 85 million yuan in the first quarter of 2025, a year-on-year increase of 49.41% to 58.75%. The net profit after deducting non-recurring gains and losses is expected to be 80.3123 million to 85.3123 million yuan, an increase of 56.71% to 66.47% year-on-year. The growth in performance is attributed to increased customer demand and the launch of new projects, which boosted sales and revenue while reducing product costs and improving gross profit margins
According to the Zhitong Finance APP, Bailong Chuangyuan (605016.SH) disclosed its performance forecast for the first quarter of 2025. The company expects to achieve a net profit attributable to shareholders of the listed company of RMB 80 million to RMB 85 million in the first quarter of 2025, a year-on-year increase of 49.41% to 58.75%; the company expects to achieve a net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, of RMB 80.3123 million to RMB 85.3123 million, a year-on-year increase of 56.71% to 66.47%.
During the reporting period, the increase in demand from domestic and foreign customers led to an increase in the company's product sales; the production of the "30,000 tons per year soluble dietary fiber project" and the "15,000 tons per year crystalline sugar project" has released capacity, driving an increase in sales and revenue; the production of the "15,000 tons per year crystalline sugar project" has significantly reduced the cost of allulose products, further enhancing the gross profit margin