华昌化工(002274) - 2025 Q2 - 季度业绩预告

Jiangsu Huachang Chemical Co., Ltd. 2025 H1 Earnings Forecast Analysis Core Earnings Forecast Data The company forecasts a significant year-over-year decline in H1 2025 performance, with net profit expected to drop by 98.2% - The company anticipates a significant decline in performance for H1 2025 compared to the same period last year[3] Core Performance Metrics | Item | Current Period (Forecast) | Same Period Last Year | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Profit: Approx. 8 million RMB | Profit: 451.12 million RMB | | Net Profit (Non-recurring items deducted) | Profit: Approx. 3 million RMB | Profit: 427.39 million RMB | | Basic Earnings Per Share (RMB/share) | 0.0084 | 0.4737 | Communication with the Accounting Firm The unaudited earnings forecast has been pre-communicated with the auditing firm without any disagreement - This earnings forecast is a preliminary, unaudited estimate by the finance department, but has been pre-communicated with the auditing firm with no disagreements[4] Reasons for Performance Fluctuation and Countermeasures Performance declined due to lower product prices and reduced output from periodic maintenance, with countermeasures planned - The performance decline is mainly attributed to two factors: a sector-wide drop in product prices and a year-over-year decrease in production and sales due to periodic maintenance in Q2[5] - Management will implement countermeasures including stabilizing production post-maintenance and advancing new projects like the 300,000-ton polyol project and ammonia synthesis unit upgrade[5] Risk Warning The company advises that this forecast is preliminary and subject to change in the final semi-annual report - The company states this forecast is a preliminary estimate, with final data to be published in the 2025 semi-annual report, and advises investors of potential investment risks[6]