Shanghai Huayi Group's Q3 profit plunges amid losses and price declines
Shanghai Huayi Group Co., Ltd. experienced a notable downturn in its financial performance for the third quarter of 2025. The company's total profit saw a significant drop of 121.78%, reaching -86.45 million yuan, down from 396.94 million yuan in the same period last year. Net profit attributable to shareholders also fell sharply by 144.50% to -92.77 million yuan, compared to 208.50 million yuan previously.
These declines were primarily attributed to the recognition of losses from the Wujing base shutdown, anti-dumping litigation losses for the North American sales company, and a decrease in product prices. Basic earnings per share reflected this trend, falling by 140% to -0.04 yuan.
Despite the profitability challenges, the company's operating revenue for the nine months ended September 30, 2025, was 35.71 billion yuan, a 5.02% decrease from 37.59 billion yuan in the prior year. However, cash flow from operating activities for the nine-month period saw a positive increase of 63.43%, reaching 2.12 billion yuan, driven by a reduction in loan disbursements by the financial company to consolidated entities.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
News Alerts
Get instant email alerts when Shanghai Huayi Group publishes news
Free account required • Unsubscribe anytime