Core Viewpoint - China Heartland Fertilizer (01866) is expected to see a significant decline in net profit for the first three quarters of 2025, with projections indicating a decrease of 48% to 53% year-on-year [1] Financial Performance - The company anticipates a net profit of approximately 9.6 to 10.6 billion yuan for the first three quarters of 2025, representing a year-on-year decrease of 53% to 48% [1] - The expected net profit after deducting non-recurring items is also projected to be around 9.6 to 10.6 billion yuan, reflecting a year-on-year decline of 27% to 19% [1] - The net profit attributable to the parent company is forecasted to be between 7.6 to 8.4 billion yuan, which indicates a year-on-year decrease of 50% to 45% [1] Operational Factors - The decline in performance is attributed to factors such as base maintenance and falling product prices [1] - The successful commissioning of the second phase of the Jiujiang base project is expected to support the company's project construction over the next three years and provide a foundation for future performance recovery and long-term high-quality development [1]
港股异动 | 中国心连心化肥(01866)跌超3% 预计前三季度归母净利润同比减少45%至50%