---
title: "SOFE issued a profit warning, expecting a year-on-year decline of 55%-60% in net profit attributable to the parent company for the first half of the year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/247802682.md"
description: "SOFE expects its net profit attributable to shareholders in the first half of 2025 to be between 26 million and 30 million yuan, a year-on-year decrease of 55%-60%. The decline in performance is mainly due to the impact of the product delivery and settlement cycle, an overall decrease in revenue year-on-year, and a change in revenue structure leading to a decline in revenue from oil machinery equipment with a higher gross profit margin, while revenue from oil and gas steel pipes with a lower gross profit margin has increased"
datetime: "2025-07-09T11:02:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/247802682.md)
  - [en](https://longbridge.com/en/news/247802682.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/247802682.md)
---

# SOFE issued a profit warning, expecting a year-on-year decline of 55%-60% in net profit attributable to the parent company for the first half of the year

According to the Zhitong Finance APP, SOFE (000852.SZ) released its performance forecast for the first half of 2025, expecting a net profit attributable to shareholders of the listed company to be between 26 million and 30 million yuan, a year-on-year decrease of 55% to 60%.

The company's performance in the first half of the year declined compared to the same period last year, mainly due to: the impact of product delivery and settlement cycle factors, resulting in a year-on-year decline in overall revenue for the first half of 2025. At the same time, there was a change in the revenue structure, with revenue from higher-margin businesses such as oil machinery equipment declining year-on-year, while revenue from lower-margin businesses such as oil and gas steel pipes increased year-on-year, leading to a decline in the company's operating performance year-on-year

### Related Stocks

- [000852.CN](https://longbridge.com/en/quote/000852.CN.md)

## Related News & Research

- [TRUMP: VENEZUELAN OIL COMING TO TEXAS, LOUISIANA AND ALASKA](https://longbridge.com/en/news/287097512.md)
- [Democrats are ready to reverse reckless GOP energy agenda and lower costs](https://longbridge.com/en/news/287088589.md)
- [Oil Maybe The Big Story Right Now, But The Next Story Is Food, Warns Economist: 'If Fertilizer Is Caught On The Wrong Side Of The Strait Of Hormuz...'](https://longbridge.com/en/news/287017466.md)
- [Americans Have Spent $41 Billion Extra On Gas Since Iran War Began As Inflation Pressures Spread Across Economy](https://longbridge.com/en/news/286750219.md)
- [Europe Gasoline/Naphtha-Gasoline refining margins rise](https://longbridge.com/en/news/287098393.md)