--- title: "QIXIANG TENGDA: Net profit decreased by over 79% year-on-year" type: "News" locale: "en" url: "https://longbridge.com/en/news/248155480.md" description: "QIXIANG TENGDA expects the net profit attributable to shareholders of the listed company in the first half of 2025 to be between 19 million yuan and 28.5 million yuan, a year-on-year decrease of 79.49% to 86.33%. The net profit after deducting non-recurring gains and losses is expected to be between 18 million yuan and 27 million yuan, a year-on-year decrease of 78.3% to 85.53%. The basic earnings per share is expected to be 0.01 yuan, compared to 0.05 yuan in the same period last year. The decline in performance is mainly affected by factors such as geopolitical conflicts, uncertainty in tariff policies, sluggish downstream demand in the domestic chemical industry, and intensified competition in the same industry. The performance data has not been audited by an accounting firm" datetime: "2025-07-11T11:21:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/248155480.md) - [en](https://longbridge.com/en/news/248155480.md) - [zh-HK](https://longbridge.com/zh-HK/news/248155480.md) generator: "portal-rs" --- # QIXIANG TENGDA: Net profit decreased by over 79% year-on-year QIXIANG TENGDA announced that it expects the net profit attributable to shareholders of the listed company in the first half of 2025 to be between 19 million and 28.5 million yuan, a decrease of 79.49% to 86.33% compared to the same period last year, which was 139 million yuan. The net profit after deducting non-recurring gains and losses is expected to be between 18 million and 27 million yuan, a year-on-year decrease of 78.3% to 85.53%. The basic earnings per share are expected to be between 0.01 yuan and 0.01 yuan, compared to 0.05 yuan in the same period last year. The decline in performance is mainly affected by factors such as geopolitical conflicts, uncertainty in tariff policies, sluggish downstream demand in the domestic chemical industry, and intensified competition in the same industry. The announcement emphasizes that the performance data has not been audited by an accounting firm ### Related Stocks - [002408.CN](https://longbridge.com/en/quote/002408.CN.md) ## Related News & Research - [07:55 ETLawToolBox MCP for Microsoft 365 & Claude Connects Legal AI to Matter Data Containers in M365](https://longbridge.com/en/news/296783869.md) - [China's Dongshan Precision to Lift Investment in Unit's Optical Chips, Modules Projects by USD500 Million](https://longbridge.com/en/news/296750539.md) - [Elon Musk Agrees With Grok's Critics—Says a Fix Is Coming](https://longbridge.com/en/news/296618923.md) - [03:20 ETMacGregor advances direct ship-to-well LCO₂ transfer, built on 50 years of proven bow-loading technology](https://longbridge.com/en/news/296749870.md) - [11:10 ETIntoxalock Expands Investment in Florida Criminal Defense Group to Support DUI Recovery and Rehabilitation in the State](https://longbridge.com/en/news/296806526.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**