JINYUAN HCHEM (02502) Issues Profit Warning, Anticipates Shareholder Loss of Approximately RMB 34.2 Million for 2025

Stock News
03/16

JINYUAN HCHEM (02502) has announced that the group expects to report a total comprehensive loss attributable to its owners of approximately RMB 34.2 million for the fiscal year ending December 31, 2025. This compares to a loss of approximately RMB 15.8 million for the corresponding period in 2024. The estimated decline in performance is primarily attributed to increased production costs for the group's main products, hydrogenated benzene-based chemicals and liquefied natural gas (LNG), during 2025. This cost increase resulted from equipment maintenance and calibration performed on the relevant production facilities for these products within the fiscal year. Additionally, the average selling price of the group's LNG products decreased by approximately 7.3%, while the average purchase price of its key raw material, coal gas, rose by approximately 5.0%. These factors led to a contraction in the related gross profit margin, further contributing to the estimated decrease in performance.

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