康隆达(603665) - 2025 Q2 - 季度业绩预告(更正)

Performance Forecast Overview This report outlines the company's preliminary financial forecast for the first half of 2025, anticipating a significant turnaround to profitability driven by non-operating gains and mixed core business performance Current Period Performance Forecast The company anticipates a turnaround to profitability in the first half of 2025, with net profit attributable to owners of the parent company projected between RMB 85 million and RMB 120 million, and non-recurring net profit between RMB 10 million and RMB 45 million, based on unaudited preliminary estimates 2025 Semi-Annual Performance Forecast | Indicator | Estimated Amount (RMB) | | :--- | :--- | | Net Profit Attributable to Parent Company Owners | RMB 85 million to RMB 120 million | | Net Profit Attributable to Parent Company Owners (Excluding Non-Recurring Items) | RMB 10 million to RMB 45 million | - Compared to the same period last year, the company expects to achieve a turnaround to profitability in the current period[2][3] Prior Period Performance Review In the same period of 2024, the company reported a loss, with net profit attributable to listed company shareholders at -RMB 50.13 million and non-recurring net profit at -RMB 24.01 million, resulting in basic earnings per share of -RMB 0.31 2024 Semi-Annual Performance Data | Indicator | Amount (RMB) | | :--- | :--- | | Net Profit Attributable to Listed Company Shareholders | -50,129,607.57 | | Net Profit Attributable to Listed Company Shareholders (Excluding Non-Recurring Items) | -24,007,994.14 | | Earnings Per Share | -0.31 | Analysis of Key Factors for Expected Profitability The primary driver for the current period's turnaround to profitability is a significant investment gain from the sale of the US GGS subsidiary, while core operations show mixed results with increased contributions from the Vietnam-based hand protection business offset by continued losses in the lithium salt business due to market downturn, and minimal impact from foreign exchange derivatives this period Impact of Core Business Operations Core business performance is bifurcated: the Vietnam base for hand protection products demonstrated market advantages and increased sales-to-production ratio, contributing significant profit, while the lithium salt business continued to incur losses due to weak industry demand, low prices, and inventory impairment provisions - Hand Protection Business: Despite negative impacts from the deconsolidation of US GGS, tariffs, and exchange rates, the strategic advantages and increased sales-to-production ratio of the Vietnam base contributed significantly[6] - Lithium Salt Business: Due to industry oversupply and lower-than-expected demand, market prices remained depressed, leading the company to continue making inventory impairment provisions and resulting in net profit attributable to parent company owners' losses[6] Impact of Non-Operating Gains and Losses Non-operating gains and losses are crucial for this period's expected profitability, primarily driven by a significant investment gain from the transfer of the controlling subsidiary US GGS, while foreign exchange derivative transactions that caused substantial losses last year had no major impact this period after contract settlement - The company's transfer of its controlling subsidiary, US GGS, generated a significant investment gain, which is a key factor in achieving profitability[6] - Foreign exchange derivative transactions, which caused substantial losses in the prior year, have had no significant impact on current period performance as all contracts were settled within the period[7] Risk Warning and Other Disclosures The company emphasizes that this performance forecast is based on preliminary financial department estimates and has not been audited by certified public accountants, thus final financial data will be subject to the official 2025 semi-annual report, with no significant uncertainties believed to affect the accuracy of this forecast - The performance forecast data represents preliminary estimates and has not been audited by certified public accountants[8][9] - The final accurate financial data will be disclosed in the company's official 2025 semi-annual report[9]