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Chuan Jin Nuo: Expected net profit in the first quarter of 2026 to decrease by 33.35% to 47.24% year-on-year
Chuanjinno announces that the net profit is expected to be between 38 million yuan and 48 million yuan in the first quarter of 2026, a year-on-year decrease of 33.35% to 47.24%.
During the reporting period, the impact of non-recurring gains and losses on net profit is estimated to be about 3 million yuan.
The decline in profit year-on-year in the first quarter of 2026 is mainly due to:
First, the rising procurement costs of one of the core raw materials, sulfur, which squeezed profit margins;
Second, influenced by market and other factors, the gross profit margin of some products declined.