ST Zhongji: It is expected that the net loss attributable to the mother in the first half of the year will be between 60 million and 90 million yuan.
ST Zhongji announced on the evening of July 15th that it is expected to report a net loss attributable to shareholders of 60-90 million yuan in the first half of 2025, compared to a profit of 11.80 million yuan in the same period last year. The main reasons for the decreased profit in the first half of 2025 compared to last year are: first, the impact of the low prices in the international and domestic tomato product markets. Although the sales volume of large barrel tomato sauce in the first half of the year increased by about 160% compared to the same period last year, the average selling price decreased by about 60%, resulting in a decrease in gross profit of the large barrel sauce by about 170%; second, an increase in the total amount of outstanding loans led to a 60% increase in interest expenses.
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