产销两旺、成本优化 联泓新科一季度扣非净利润同比激增1140.67%

Core Viewpoint - The company, Lianhong Xinke, reported a revenue increase of 3.48% year-on-year for Q1 2025, driven by operational optimization and increased product sales, particularly in EVA materials [1] Financial Performance - The company achieved a revenue of 1.539 billion yuan in Q1 2025, with a net profit attributable to shareholders of 71.41 million yuan, reflecting a year-on-year growth of 38.83% [1] - The non-recurring net profit reached 70.23 million yuan, showing a significant increase of 1140.67% year-on-year [1] - The net cash flow from operating activities was 31.28 million yuan, up by 17.35% compared to the previous year [1] Operational Highlights - The company maintained stable full-load operations of its main facilities, resulting in increased product output, with EVA sales exceeding 43,000 tons, a year-on-year growth of approximately 28% [1] - A decrease in the prices of key raw materials and improved operational efficiency contributed to a reduction in production costs [1] - New product lines began to contribute to profits, with EC, UHMWPE, electronic specialty gases, and PLA facilities entering the capacity ramp-up phase [1] Business Development - The company is a global leader in new materials, with business segments covering renewable materials, biodegradable and bio-based materials, electronic materials, and other specialty materials [1] - The company is actively exploring new technologies and developing new products to meet diverse market demands, particularly in the fields of new energy materials and biological materials [2] - Ongoing projects include the construction of facilities for 200,000 tons/year EVA, 100,000 tons/year POE, and other specialty materials, aimed at sustaining growth in performance [2]