新疆天业股份有限公司 2025年第一季度报告

Core Viewpoint - The company reported significant growth in net profit and operational efficiency for the first quarter of 2025, driven by effective cost management and increased sales in key products [3][7][18]. Financial Performance - The company's net profit attributable to shareholders increased by 89.97% compared to the same period last year, while the net profit after deducting non-recurring gains and losses grew by 88.03% [3][7]. - Basic and diluted earnings per share both rose by 90.00% [3]. - The total revenue for the first quarter reached 241,723.27 million yuan, an increase of 8.17% from 223,472.46 million yuan in the previous year [7]. Operational Highlights - The company produced various products including 28.16 thousand tons of PVC resin and 20.02 thousand tons of caustic soda during the first quarter [7]. - The company has a comprehensive integrated industrial chain, which includes 134 thousand tons of PVC capacity and 213 thousand tons of calcium carbide [6][7]. Risk Management - The company has approved a plan to continue engaging in hedging activities to mitigate risks associated with commodity price fluctuations [8][9]. - As of March 31, 2025, the company has conducted hedging activities for PVC not exceeding 10 million yuan [9]. Investment Activities - The company has participated in a capital increase for the Shihezi Cultural Tourism Investment Group, contributing assets valued at 62.68 million yuan [10][11]. - The company plans to issue non-public technology innovation corporate bonds not exceeding 1.5 billion yuan to optimize its debt structure [12]. Shareholder Actions - The controlling shareholder's subsidiary has completed a share buyback plan, acquiring shares worth 80.97 million yuan, representing 1.22% of the company's total shares [14]. Upcoming Events - The company will hold an investor briefing on May 9, 2025, to discuss its 2024 annual results and first-quarter performance [23][25].