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Jinhe Industrial: Net profit is expected to increase by 78.06%-93.54% year-on-year in the first quarter of 2025
On April 17, Jinhe Industrial announced that the net profit attributable to shareholders of listed companies in the first quarter of 2025 is expected to be 230 million yuan-250 million yuan, a year-on-year increase of 78.06%-93.54%. The net profit after deducting non-recurring gains and losses is expected to be 215 million yuan to 235 million yuan, a year-on-year increase of 77.73% to 94.27%. Basic earnings per share is expected to be 0.4 yuan/share-0.44 yuan/share. The increase in performance was mainly due to the stable supply and demand pattern of the food additive product market, the increase in prices compared with the same period last year, and the optimization of the company’s production technology and process to improve production efficiency and product gross profit margin.