Sopo released its semi-annual performance, with a net profit attributable to the parent company of 102 million yuan, a year-on-year decrease of 13.01%
I'm LongbridgeAI, I can summarize articles.Sopo released its semi-annual performance for 2025, with revenue of 3.158 billion yuan, a year-on-year decrease of 1.08%; net profit attributable to shareholders of the parent company was 102 million yuan, a year-on-year decrease of 13.01%; and net profit excluding non-recurring gains and losses was 101 million yuan, a year-on-year decrease of 11.02%. The main product acetic acid saw new production capacity, intensified competition, and price declines; the price of the main raw material coal decreased. Domestic caustic soda downstream demand decreased, the liquid chlorine market was sluggish, and sulfuric acid prices rose overall
According to the Zhitong Finance APP, Jiangsu Sopo (600746.SH) disclosed its semi-annual report for 2025. During the reporting period, the company achieved revenue of 3.158 billion yuan, a year-on-year decrease of 1.08%; the net profit attributable to shareholders of the listed company was 102 million yuan, a year-on-year decrease of 13.01%; the net profit after deducting non-recurring gains and losses was 101 million yuan, a year-on-year decrease of 11.02%; basic earnings per share were 0.0885 yuan.
During the reporting period, the company’s main product, acetic acid, saw significant new production capacity, increased competition, and a decline in product prices; the price of the main raw material, coal, decreased year-on-year; the production and sales volume of the company’s main product, acetic acid, increased, and costs decreased. The domestic caustic soda downstream industries, such as pesticides, citric acid, textiles, and dyeing, operated below capacity, leading to reduced demand, while the liquid chlorine market remained sluggish; the sulfuric acid market had strong raw material support, and sulfuric acid prices overall trended upward