Shandong Haihua: Loss of 1.388 billion yuan in 2025, as soda ash prices continue to decline

MetaMuskRat · 2026-03-23T00:52:25+00:00

People Finance News, March 20 — Shandong Haihua (000822) released its 2025 annual report on March 20. The company achieved operating revenue of 4.745 billion yuan, down 21.07% year-on-year; net loss attributable to shareholders of listed company was 1.388 billion yuan, compared to a profit of 39.2167 million yuan in the same period last year, turning from profit to loss year-on-year. Basic earnings per share was -1.55 yuan. The main reasons for losses in the reporting period: First, soda ash industry capacity increased while downstream demand declined, causing soda ash prices to continue falling, with annual average prices down 32% year-on-year; Second, in accordance with accounting standards, impairment provisions were made for certain fixed assets.

MetaMuskRat

2026-03-23 00:52:25

People’s Financial News, March 20 — Shandong Haike (000822) released its 2025 annual report on March 20. The company achieved operating revenue of 4.745 billion yuan, a decrease of 21.07% year-on-year; net profit attributable to shareholders of the listed company was a loss of 1.388 billion yuan, compared to a profit of 39.2167 million yuan in the same period last year, switching from profit to loss. Basic earnings per share were -1.55 yuan. The main reasons for the loss during the reporting period are: first, increased capacity in the soda ash industry, declining downstream demand, and continuous drop in soda ash prices, with the average price for the year down 32% year-on-year; second, impairment provisions were made for some fixed assets according to accounting standards.

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