Shanxi Lanhua: revenue tumbles, net profit plunges in H1 2025

Shanxi Lanhua Sci-Tech Venture announced its H1 2025 semi-annual report, detailing a 26.05% decrease in operating revenue to 4.05 billion yuan and an 89.58% drop in net profit attributable to shareholders to 57.48 million yuan, with basic earnings per share at 0.0390 yuan. Despite these declines, the company’s total assets increased by 22.63% to 36.61 billion yuan. Production in its coal, urea, and caprolactam segments showed mixed results, with coal output up 7.35% but urea and caprolactam production down 15.12% and 46.63% respectively.

The company's board approved the semi-annual report on August 22, 2025, and secured a 10 billion yuan dedicated revolving credit line. Changes in leadership included the resignation of deputy general manager Li Hongwen and chief engineer Sui Yiping, with Zhao Chenguang appointed as the new chairman of the board. Additionally, the board approved an asset disposal involving certain mining rights, noting that exploration rights for the Jiazhai Coal Mine had faced administrative restrictions. Shanxi Lanhua also confirmed its ongoing "quality improvement, efficiency increase, and heavy return" action plan.