On January 27, Do-Fluoride disclosed its performance forecast for 2025, projecting a net profit attributable to shareholders of RMB 2 billion to RMB 2.8 billion, achieving a turnaround from loss to profit compared to the same period last year when the company was in a loss-making state. Regarding the reasons for the performance change, the company stated that benefiting from the rapid growth in demand for new energy vehicles and energy storage, the sales volume of core products such as lithium hexafluorophosphate and new energy batteries increased significantly year-on-year, driving a notable improvement in gross profit and contributing to the overall turnaround in performance. At the same time, the company executed some long-term low-price orders as agreed, which had a certain impact on the profitability of this period. Financial report data shows that in the first three quarters of 2025, Do-Fluoride achieved revenue of RMB 67.29 billion, a slight decrease of 2.75% year-on-year; net profit attributable to shareholders was RMB 780.546 million, a significant increase of 407.74% year-on-year, while non-GAAP net loss narrowed to RMB 233.317 million. In the third quarter alone, revenue reached RMB 24.0 billion, a year-on-year increase of 5.18%, and net profit attributable to shareholders was RMB 267.244 million, a year-on-year increase of 157.93%, indicating continued improvement in quarterly profitability.
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