Snowsky Salt(SH:600929) Cai Jing Wang·2025-08-09 02:50Core Insights - In the first half of 2025, the company reported a revenue of 2.276 billion yuan, a year-on-year decrease of 24.57% [1] - The net profit attributable to shareholders was 70.4513 million yuan, reflecting a significant decline of 78.56% compared to the previous year [1] Financial Performance - Revenue for the first half of 2025: 2.276 billion yuan, down 24.57% year-on-year [1] - Net profit for the same period: 70.4513 million yuan, down 78.56% year-on-year [1] Operational Highlights - The company emphasized value creation and improved production-sales coordination, leading to a record production and sales scale [1] - Total production of main products (salt nitrate and salt chemical products) reached 4.6485 million tons, an increase of 8.67% year-on-year [1] - Sales volume of main products was 3.602 million tons, up 3.42% year-on-year [1] Market Positioning - The average price of small packaged salt increased by 102 yuan/ton year-on-year, reinforcing the company's market dominance in the province [1] - Sales of mid-to-high-end products in the out-of-province market grew by 36.4% year-on-year [1] - Direct sales through e-commerce platforms like JD.com and Tmall ranked among the industry leaders, with expansion into overseas markets such as Singapore and Malaysia [1]