Qixiangtengda: Net profit decreased by over 79% year-on-year.

Qixiangtengda announcement, it is expected that the net profit attributable to the shareholders of the listed company in the first half of 2025 will be between 19 million and 28.5 million yuan, a decrease of 79.49% to 86.33% compared to the same period last year, which was 139 million yuan. The net profit after deducting non-recurring gains and losses is expected to be between 18 million and 27 million yuan, a decrease of 78.3% to 85.53% year-on-year. Basic earnings per share is expected to be between 0.01 yuan and 0.01 yuan, compared to 0.05 yuan for the same period last year. The decline in performance is mainly due to factors such as geopolitical conflicts, uncertain tariff policies, weakening downstream demand in the domestic chemical industry, and intensifying competition in the same industry. The announcement emphasizes that the performance data has not been audited by an accounting firm.