Qingdao East Steel Tower forecasts significant profit growth in Q1-Q3 2025

Qingdao East Steel Tower projects a net profit attributable to shareholders of between CNY 75,000,000 and CNY 90,000,000 for the first three quarters of 2025. This represents an increase of 60.83% to 93.00% compared to the CNY 46,632,150 recorded in the same period last year. Basic earnings per share are forecasted to be between CNY 0.6029 and CNY 0.7234, up from CNY 0.3748 in the prior year.

Excluding non-recurring gains and losses, the company expects a net profit ranging from CNY 73,000,000 to CNY 88,000,000, an increase of 58.60% to 91.19% from CNY 46,028,380 in the previous year. This positive outlook is primarily attributed to the stable operation of the company's potash fertilizer production lines and an increase in market prices for potassium chloride products compared to the prior year.

The company emphasizes that these figures are preliminary estimates from its financial department and have not yet been audited by an accounting firm. Investors are advised to exercise caution and refer to the detailed disclosure in the 2025 third-quarter report for final financial data.