Hongbaoli: Expected net profit in the first half of 2025 to decrease by 47.11% - 31.25% year-on-year

Hongbaoli announced that from January 1, 2025, to June 30, 2025, the net profit attributable to shareholders of the listed company is expected to be between 20 million and 26 million yuan, a decrease of 47.11% to 31.25% compared to the same period last year, which was 37.8176 million yuan. The net profit after deducting non-recurring gains and losses is expected to be a loss of 10 million to 5 million yuan, a decrease of 138.27% to 119.14% compared to the same period last year, which was 26.1297 million yuan. The basic earnings per share are expected to be between 0.0272 yuan/share and 0.0354 yuan/share. The company adheres to the concept of innovation, actively develops new technologies and markets, and the total sales volume of its main products has increased year-on-year. However, the tax-excluded average purchase price of the main raw material propylene oxide has decreased, product prices have been lowered, some raw material prices have risen, and the comprehensive gross profit margin has declined, along with an increase in selling expenses, resulting in a decrease in operating profit compared to the same period last year