Core Viewpoint - Shanghai Petrochemical Company (00338) expects a net loss attributable to shareholders of approximately RMB 12.89 billion to RMB 15.76 billion for the year ending December 31, 2025, indicating a loss compared to the same period in 2024 [1] Financial Performance - The expected net loss excluding non-recurring items is projected to be around RMB 12.80 billion to RMB 15.64 billion, also reflecting a loss compared to 2024 [1] Reasons for Loss - The anticipated losses in 2025 are primarily due to the overall decline in international crude oil prices, lack of significant improvement in product market demand, and reduced profit margins for key refining products [1] - Additionally, the scheduled maintenance of production facilities in the fourth quarter is expected to impact total commodity output, further contributing to the operational losses [1]
上海石油化工股份(00338)发盈警 预计2025年度归母净亏损约12.89亿元到15.76亿元 同比盈转亏