盐湖股份发预增 2025年度归母净利82.9亿至88.9亿元 增长77.78%至90.65%

Core Viewpoint - Salt Lake Potash Co., Ltd. (000792.SZ) forecasts a net profit attributable to shareholders for the year 2025 between 8.29 billion to 8.89 billion yuan, representing a year-on-year growth of 77.78% to 90.65% [1] Group 1: Financial Performance - The company's net profit, excluding non-recurring gains and losses, is expected to be between 8.23 billion to 8.83 billion yuan, reflecting a year-on-year increase of 87.02% to 100.66% [1] - The main business remains stable, with potash production of approximately 4.9 million tons and sales of about 3.8143 million tons; lithium carbonate production is around 46,500 tons with sales of about 45,600 tons; combined production of potassium products (potassium hydroxide and potassium carbonate) is approximately 382,200 tons with sales of about 388,900 tons [1] Group 2: Market Conditions - The price of potash products has increased compared to the same period last year, while lithium carbonate prices have shown significant volatility but have gradually recovered in the second half of the year, contributing to the overall growth in the company's performance [1] Group 3: Technological Advancements - The company has successfully passed the high-tech enterprise qualification review due to continuous technological breakthroughs in the comprehensive utilization of salt lake resources, stable R&D investment, and outstanding innovative achievements [1] - As a result of relevant regulations, the company will recognize deferred tax assets for deductible temporary differences at the end of the year, leading to an increase in net profit [1]