CXPC(SH:600078) Zheng Quan Zhi Xing·2025-07-13 08:13Core Viewpoint - Jiangsu Chengxing Phosphate Chemical Co., Ltd. is expected to achieve a turnaround in net profit for the first half of 2025, with projected net profit ranging from 44 million to 65 million yuan, compared to a loss in the same period last year [1][2]. Performance Forecast - The company anticipates a net profit of 44 million to 65 million yuan for the first half of 2025, with net profit attributable to shareholders of the parent company expected to be between 16 million and 23 million yuan, marking a significant improvement from the previous year's loss [1][2]. - The forecasted net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is projected to be between -36 million and -27 million yuan [1][2]. Previous Year’s Performance - In the same period last year, the total profit was -5.4159 million yuan, with a net loss attributable to shareholders of the parent company at -16.7101 million yuan, and a net loss excluding non-recurring gains and losses at -48.5463 million yuan [2]. - The earnings per share for the previous year were -0.025 yuan per share [2]. Reasons for Turnaround - The company attributes the turnaround to several factors, including the fluctuating market prices of yellow phosphorus, timely adjustments in production and sales strategies, increased sales of yellow phosphorus and phosphoric acid, and improved market share [2]. - Continuous lean management practices have effectively reduced raw material and energy consumption, optimized supply chain management, and controlled procurement costs and operating expenses [2]. - The company has also improved cash flow by disposing of idle assets and prioritized debt repayment, leading to a decrease in interest expenses compared to the previous year [2].