HOLYVIEW: Net profit in 2025 is expected to decrease by 34.53% to 56.35% year-on-year

36Kr learned that HOLYVIEW announced that it expects to achieve a net profit attributable to the parent company of 10 million to 15 million yuan in 2025, a year-on-year decrease of 34.53% to 56.35%. During the reporting period, the sales volume of the company's main products remained stable, basically unchanged from the previous year, but revenue and profit declined. The main reasons are weak market demand in the civil explosives industry, overcapacity, and intense competition within the industry, leading to a continuous downward trend in the economic operation of the civil explosives industry, which resulted in a decrease in the average price of major products