Shares of Tiande Chemical Holdings (00609.HK) plunged 9.23% in Tuesday's pre-market trading session, following the release of the company's disappointing interim results for the first half of 2025. The significant drop reflects investors' negative reaction to the chemical manufacturer's declining revenue and profit figures.
According to the financial report released late Monday, Tiande Chemical's revenue for H1 2025 fell to RMB 932 million, representing a 5.62% decrease compared to the same period last year. The company's profit attributable to shareholders declined even more sharply, dropping 17.01% year-on-year to RMB 35.154 million. Basic earnings per share stood at RMB 0.04, while the gross profit came in at RMB 116.7 million, resulting in a gross margin of 12.5%.
The weaker financial performance likely raised concerns among investors about Tiande Chemical's growth prospects and profitability in the face of challenging market conditions. The chemical industry has been facing headwinds due to fluctuating raw material prices and global economic uncertainties, which may have contributed to the company's declining numbers. As a result, the market's sharp reaction suggests that investors are reassessing their expectations for Tiande Chemical's future performance and adjusting their positions accordingly.
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