茂化实华：预计2025年净利润为负值

Core Viewpoint - The company, Maohua Shihua, anticipates a significant net loss for the fiscal year 2025, indicating ongoing challenges in its chemical sector due to supply and demand issues [1] Financial Performance - The projected net profit attributable to shareholders for 2025 is expected to be between -165 million yuan and -131 million yuan, compared to a loss of 83.38 million yuan in the same period last year [1] - The net profit after excluding non-recurring gains and losses is forecasted to be between -189 million yuan and -155 million yuan, slightly worse than the -187 million yuan reported last year [1] - The basic earnings per share are estimated to be between -0.32 yuan and -0.25 yuan, compared to -0.16 yuan per share in the previous year [1] Industry Challenges - The chemical sector is facing difficulties with upstream raw material supply and insufficient downstream demand, leading to underutilization of production capacity [1] - There has been a decline in both the production and sales volume of certain chemical products, as well as a decrease in selling prices year-on-year [1] - The gross profit margin for products has also decreased, contributing to the decline in operating profits for the chemical main business [1]