JINYUAN HCHEM (02502) issues a profit warning, expecting a decrease in the total comprehensive income attributable to shareholders in the mid-term compared to approximately 20.1 million yuan.

date
08/08/2025
avatar
GMT Eight
Jinyuan Hydrogen (02502) announces that the Group is expected to have a net profit attributable to shareholders for the six months ending June 30, 2025...
JINYUAN HCHEM (02502) announced that the Group is expected to incur a loss of approximately RMB 20.1 million in the six months ending June 30, 2025, attributable to the owners of the Company (corresponding period in 2024: revenue of approximately RMB 30.3 million). The downward revision of the estimated performance is mainly due to the continuous narrowing of gross profit margin of the Group's main product, hydrogenated benzene chemicals. This is because the prices of the products and their raw material, crude benzene, have decreased at different rates. In the first half of 2025 compared to the same period in 2024, the average price difference between the products and raw materials has decreased by approximately 11.5%.