Huada New Materials: Net profit is expected to decrease by 67.31% - 76.03% in 2025.

Hua Da New Materials announced that it is expected that the net profit attributable to shareholders of the listed company in 2025 will be between 55 million and 75 million yuan, a decrease of 154 million to 174 million yuan compared to the 2.29 billion yuan in the same period of the previous year, a year-on-year decrease of 67.31% to 76.03%. The non-net profit is expected to be between 43 million and 63 million yuan, a decrease of 140 million to 160 million yuan compared to 203 million yuan in the same period of the previous year, a year-on-year decrease of 68.98% to 78.83%. The main reason for the decrease in performance is the market price downturn under the impact of macroeconomic factors, high previous inventory costs, as well as decreased interest income and exchange rate fluctuations.