DONGGUANG CHEM(01702) issues profit warning, expected annual net profit to decrease by approximately 53% year-on-year.

04/03/2025

GMT Eight

DONGGUANG CHEM (01702) announced that it is expected that the group's net profit for the year ending December 31, 2024 will decrease by approximately 53% compared to the year ending December 31, 2023. The decrease in net profit is mainly due to a decrease in overall gross profit and gross profit margin. The decrease in overall gross profit and gross profit margin is primarily due to a decrease in revenue from the sale of the group's main product urea, mainly caused by a year-on-year decline in the average selling price of the product.

JSTI Group (300284.SZ) several directors and senior executives have completed the reduction of holdings, with a total reduction of 2.23 million shares.

Automobile Association: It is estimated that the wholesale sales of Shanxi Guoxin Energy Corporation's passenger car manufacturers in February will be 840,000 units, an 82% year-on-year increase.

Contact: contact@gmteight.com

DONGGUANG CHEM(01702) issues profit warning, expected annual net profit to decrease by approximately 53% year-on-year.

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