Jiangxi Guotai Group Co.,Ltd. (603977.SH) Reports H1 Results with Net Profit of RMB 121 Million, Down 11.14%

Stock News08-20

Jiangxi Guotai Group Co.,Ltd. (603977.SH) released its interim report for the first half of 2025, showing operating revenue of RMB 1.059 billion, representing a year-over-year decrease of 6.03%. Net profit attributable to shareholders of the listed company totaled RMB 121 million, down 11.14% compared to the same period last year. Net profit attributable to shareholders excluding non-recurring items reached RMB 113 million, declining 3.69% year-over-year. Basic earnings per share stood at RMB 0.2.

According to the announcement, the company's controlling subsidiary Jiangxi Hongtai Logistics Co., Ltd. experienced performance decline due to increased depreciation expenses and financing costs following project acceptance and verification. Additionally, the company's controlling subsidiary Jiangxi Yongning Technology Co., Ltd. saw its performance drop year-over-year due to intensified competition in the potassium perchlorate production industry.

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