Grinm Advanced Materials Co.,Ltd. (600206.SH) announced that the company expects net profit attributable to shareholders for the first three quarters of 2025 to reach 230-260 million yuan, representing a year-over-year increase of 101% to 127%.
The main reasons for the performance changes include:
(1) Performance changes of controlling subsidiary Grinm Yijin: The company expects Grinm Yijin's net profit for the first three quarters of 2025 to be 200-220 million yuan. Grinm Yijin continues to focus on high value-added products, with target material sales revenue growing by more than 50% year-over-year, and net profit attributable to shareholders increasing by more than 40 million yuan compared to the same period last year.
(2) Performance changes of controlling subsidiary Grinm Rare Earth: The company expects Grinm Rare Earth's net profit for the first three quarters of 2025 to be 7-12 million yuan. Grinm Rare Earth has steadily implemented quality improvement and efficiency enhancement initiatives while conducting technology commercialization, achieving a turnaround from losses to profitability.
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