CHINA XLX FERT (01866) has announced its performance for the first three quarters of 2025, reporting operating revenue of approximately RMB 17.963 billion, a year-on-year increase of 3.12%. The net profit attributable to shareholders was around RMB 800 million, reflecting a decrease of 47.86% compared to the previous year, with basic earnings per share standing at 65.1 cents.

The company faced production constraints in the third quarter of 2025 due to maintenance, leading to a temporary reduction in output. Specifically, the production of urea, liquid ammonia, and DMF, among other products, decreased by approximately 269,000 tons, a year-on-year decline of about 19%, which subsequently lowered sales for the period. This factor is estimated to have impacted the total profit of the group by approximately RMB 226 million. Despite the concentrated maintenance affecting performance in the first three quarters, the group aims to improve the operating efficiency and production capacity of its core equipment, establishing a solid foundation for stable production and recovery in performance moving forward. Additionally, the successful commissioning of the Jiujiang Phase II project is expected to further release low-cost capacity, providing strong support for the group in enhancing market competitiveness and achieving long-term profit growth.