Atlantic China Welding Consumables (600558.SH) Issues Profit Forecast Increase, Expects Q1-Q3 Net Profit Attributable to Parent Company to Rise 57%-73% YoY

Stock News10-14

Atlantic China Welding Consumables,Inc. (600558.SH) announced that the company expects its net profit attributable to listed company shareholders for the first three quarters of 2025 to increase by 48.81 million yuan to 62.81 million yuan compared to the same period last year, representing a year-over-year increase of 57% to 73%. The company expects its net profit attributable to listed company shareholders excluding non-recurring gains and losses for the first three quarters of 2025 to increase by 55.4 million yuan to 69.4 million yuan compared to the same period last year, representing a year-over-year increase of 78% to 98%. The performance increase during this period is primarily attributed to increased product sales volume and optimized sales product structure leading to higher gross profit. Since the beginning of this year, facing a complex external environment and industry competitive landscape, the company has focused on intensifying market promotion efforts for ongoing and planned projects in petrochemicals, coal chemicals, oil storage tanks, pumped storage, thermal power, lithium iron phosphate, nuclear power, wind power, infrastructure construction and other sectors. By fully leveraging the advantages of product portfolio sales, the company's proportion of automation and high value-added products has steadily increased with significant results.

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