Core Viewpoint - China Heartland Fertilizer (01866) is experiencing a significant decline in stock price, dropping over 3% to HKD 7.39, with a trading volume of HKD 13.98 million. The company anticipates a substantial decrease in net profit for the first three quarters of 2025 compared to the previous year [1]. Financial Performance - The company expects to achieve a net profit of approximately RMB 960 million to RMB 1.06 billion for the first three quarters of 2025, representing a year-on-year decrease of 53% to 48% [1]. - The anticipated net profit after deducting non-recurring items is also projected to be around RMB 960 million to RMB 1.06 billion, reflecting a year-on-year decline of 27% to 19% [1]. - The net profit attributable to the parent company is expected to be between RMB 760 million to RMB 840 million, indicating 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]. - Despite the challenges, the successful commissioning of the second phase of the Jiujiang base project is seen as a positive development, laying a foundation for future project construction and supporting long-term high-quality growth [1].
中国心连心化肥跌超3% 预计前三季度归母净利润同比减少45%至50%