Ruichang International forecasts FY2025 net profit of RMB4-5.5 million, down 47%-61%

Reuters

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Ruichang International forecasts FY2025 net profit of RMB4-5.5 million, down 47%-61%

Ruichang International expects net profit for the year ended 31 December 2025 to be RMB4 million to RMB5.5 million. This compares with net profit of RMB10.3 million for the year ended 31 December 2024, a decrease of 47% to 61%. The company cited a slowdown in capital investment in the petroleum refinery and petrochemical industry, leading some customers to suspend or defer orders and delay revenue recognition. It also cited intensified domestic competition that lowered gross margin, and higher staff, selling and administrative costs tied to overseas market expansion and a phosphorus-containing waste recycling project in Huangshan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ruichang International Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260311-12048650), on March 11, 2026, and is solely responsible for the information contained therein.

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This compares with net profit of RMB10.3 million for the year ended 31 December 2024, a decrease of 47% to 61%. The company cited a slowdown in capital investment in the petroleum refinery and petrochemical industry, leading some customers to suspend or defer orders and delay revenue recognition. It also cited intensified domestic competition that lowered gross margin, and higher staff, selling and administrative costs tied to overseas market expansion and a phosphorus-containing waste recycling project in Huangshan.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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