Ruichang International expects net profit for the year ended 31 December 2025 to be RMB4 million to RMB5.5 million. This compares with net profit of RMB10.3 million for the year ended 31 December 2024, a decrease of 47% to 61%. The company cited a slowdown in capital investment in the petroleum refinery and petrochemical industry, leading some customers to suspend or defer orders and delay revenue recognition. It also cited intensified domestic competition that lowered gross margin, and higher staff, selling and administrative costs tied to overseas market expansion and a phosphorus-containing waste recycling project in Huangshan.
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