China XLX FERT (01866) announces its net profit attributable to owners for the first three quarters of around 800 million yuan, a decrease of 47.86% year-on-year.

CHINA XLX FERT (01866) announced its performance for the first three quarters before 2025. The operating income was approximately RMB 17.963 billion, a year-on-year increase of 3.12%; the net profit attributable to the owners of the parent company was approximately RMB 800 million, a year-on-year decrease of 47.86%; and the basic earnings per share were 65.1 cents. Due to maintenance effects, the group's production volume in the third quarter of 2025 decreased temporarily, with urea, liquid ammonia, DMF, and other products decreasing by a total of approximately 269,000 tons, a decrease of about 19% compared to the same period last year. This subsequently lowered the sales volume of products in the same period. It was calculated that this factor had an impact of approximately RMB 226 million on the group's total profit, although the concentrated maintenance had a certain impact on the performance for the first three quarters. Through this maintenance, the operation efficiency and production capacity release capacity of the group's core production equipment achieved a "double increase", laying a solid foundation for stable production and performance recovery in the future. At the same time, the successful commissioning of the Jiujiang Phase II project will further release low-cost production capacity, enhance the group's market competitiveness, and provide strong support for long-term profit growth.