HK Stock Market Move | CHINA XLX FERT(01866) fell more than 3%, with a predicted 45% to 50% decrease in net profit attributable to shareholders for the first three quarters compared to the same period last year.

CHINA XLX FERT (01866) fell more than 3%, as of the time of writing, down 3.52% to 7.39 Hong Kong dollars, with a turnover of 139.81 million Hong Kong dollars. In terms of news, CHINA XLX FERT announced that it is expected to achieve a net profit of approximately 960 million to 1.06 billion yuan in the first three quarters of 2025, a year-on-year decrease of 53% to 48%. The expected non-GAAP net profit is approximately 960 million to 1.06 billion yuan, a year-on-year decrease of 27% to 19%. The expected net profit attributable to the parent company is approximately 760 million to 840 million yuan, a year-on-year decrease of 50% to 45%. The announcement pointed out that although the group's performance in the first three quarters was affected by factors such as base maintenance and downward product prices, the successful completion of the second phase of the Jiujiang base project has not only set a good start for the group's project construction in the next three years, but also provides support for the future rebound in performance and long-term high-quality development.