Shanghai Phichem Material sees profit jump in H1 2025 on divestiture, acquisitions

Shanghai Phichem Material recorded a significant increase in net profit for the first half of 2025, with attributable net profit to shareholders rising by 80.45% to RMB 216,820,586.99. This growth was primarily boosted by the disposal of 100% equity in Darui Technology, which generated an investment income of RMB 55,678,218.75. Additionally, the acquisition of Jena Intelligent Liquid Crystal Materials (Suzhou) and Jena Intelligent New Materials Technology (Suzhou) contributed to the company's revenue and net profit growth.

During H1 2025, the company's revenue increased by 3.80% to RMB 1,462,348,737.67. This performance was supported by steady growth across its display materials, semiconductor materials, and UV curable materials segments, with UV curable optical fiber coating materials experiencing a 20% increase in revenue. Shanghai Phichem Material also maintained shareholder returns, proposing a cash dividend of RMB 0.40 per 10 shares (tax inclusive).

The company's board approved revisions to its articles of association following the conversion of its convertible bonds into 53,255,222 shares, increasing total share capital from RMB 515,669,368 to RMB 566,946,450. The convertible bonds were delisted from the Shenzhen Stock Exchange on May 30, 2025.