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上海家化联合股份有限公司 2025年第三季度报告

Core Viewpoint - The company, Shanghai Jahwa United Co., Ltd., has released its third-quarter report for 2025, ensuring the accuracy and completeness of the information provided [8][17]. Financial Data - The financial statements for the third quarter of 2025 are unaudited, covering the period from January to September 2025 [5][6]. - The report indicates that there were no significant changes in net profit from merged entities, with both current and previous periods showing a net profit of 0.00 yuan [6]. Key Operational Data - The company disclosed its main operational data for the third quarter, including production, sales, and revenue figures for its key products, which include personal care and beauty products [8]. - The average selling price of beauty products increased year-on-year, attributed to strategic adjustments made in the previous year and improved business health [9]. Price Changes - The prices of key raw materials experienced notable fluctuations: - Prices for soap and oil raw materials increased by 26%-38% compared to the same period last year, primarily due to a significant rise in palm kernel oil prices [11]. - Prices for surfactants and emulsifiers rose by 18%, also influenced by palm kernel oil price increases [12]. - The price of solvents, such as ethanol, decreased by approximately 6% due to insufficient demand [12]. - Nutritional drug additives saw a slight decline of about 1% in prices [13]. - Packaging materials experienced price reductions, with glass bottles down 0.4%, plastics down 1%, and cartons down 4% compared to the previous year [14]. Investor Communication - The company will hold an investor briefing on November 14, 2025, to discuss the third-quarter results and address investor inquiries [18][20]. - The briefing will be conducted online, allowing investors to participate and submit questions in advance [21].