Core Viewpoint - The company expects a positive net profit for the year 2025, with an anticipated increase of 50% compared to the previous year [1] Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [1] - The company has communicated with its accounting firm regarding the performance forecast, and there are no discrepancies [1] Group 2: Performance Drivers - Potassium chloride business showed strong performance with production of 1.0336 million tons and sales of 1.0843 million tons, exceeding annual operational targets [2] - Sales prices for potassium chloride increased year-on-year due to market supply and demand factors, driving revenue and profit growth [2][3] - Cost control measures led to a decrease in the sales cost per ton of potassium chloride, contributing positively to overall performance [3] Group 3: Lithium Carbonate Business - The lithium carbonate business resumed production and achieved an output of 8,808 tons and sales of 8,957 tons, with smooth production and sales coordination [4] - The recovery in lithium carbonate prices in the fourth quarter helped mitigate the impact of previous production halts, supporting profit growth [4] Group 4: Investment Income - The company recognized investment income of approximately 2.68 billion yuan, significantly contributing to net profit [5] - The increase in investment income is primarily due to the company's stake in Tibet Julong Copper Co., which benefited from rising copper prices and capacity release [5]
藏格矿业股份有限公司2025年年度业绩预告