谜之操作！聚石化学虚增营收却虚减利润

Core Viewpoint - 聚石化学 has been fined for information disclosure violations, including inflating revenue by 157 million yuan while reducing profits by 1.66 million yuan, raising concerns about its financial practices [1][2][3]. Group 1: Violations and Penalties - The Guangdong Securities Regulatory Bureau has imposed a fine of 2.4 million yuan on 聚石化学 for engaging in false trade activities that inflated revenue and costs [1][4]. - Key executives, including the former chairman and general manager, have also been penalized, with fines totaling 430,000 yuan for their roles in the violations [1][4]. - The company has acknowledged the violations and has begun corrective actions, including adjustments to its financial reports [4]. Group 2: Financial Performance - 聚石化学 has experienced a significant decline in profitability, with net profit growth rates of -47.67%, -46.29%, -35.95%, and -926.31% from 2021 to 2024, culminating in a loss of 236 million yuan in 2024 [5]. - For the first three quarters of 2025, the company reported total revenue of 2.963 billion yuan, a year-on-year decrease of 7.17%, while net profit was 5.768 million yuan, indicating a return to profitability despite ongoing losses in non-recurring profits [5].