Liuguo Chemical: Expected net loss of 140 million to 170 million yuan in the first half of 2025

Liuguo Chemical announced that it expects to achieve a net profit attributable to the owners of the parent company of -140 million to -170 million yuan for the first half of 2025, resulting in a loss compared to the same period last year. It is also expected that the net profit attributable to the owners of the parent company, after deducting non-recurring gains and losses, will be -140 million to -170 million yuan for the first half of 2025. During the reporting period, affected by the macroeconomic environment and the government's policies on stabilizing prices and ensuring supply in the fertilizer industry, as well as export controls, the sales prices of the company's main products, such as urea, have decreased year-on-year, and the export volume of products has significantly declined year-on-year. At the same time, international sulfur prices have continued to rise, and the procurement prices of domestic sulfur and sulfuric acid have increased significantly year-on-year, while the procurement prices of potash fertilizers have also risen significantly year-on-year, leading to an increase in the cost of the company's phosphate fertilizer products year-on-year