On January 20, Xinjiang Tianye Co., Ltd. disclosed its 2025 annual performance pre-loss announcement.
The announcement shows that the company expects that the net profit attributable to the owner of the parent company for the whole year will be about-50 million yuan, turning from profit to loss year on year; the net profit after deducting non-recurring gains and losses is expected to be about-78 million yuan, with a loss of 77.1875 million yuan in the same period last year.
As for the reasons for the performance loss, Xinjiang Tianye said that during the reporting period, the company continued to strengthen internal management, give full play to the advantages of the circular economy industry chain, promote the whole process of cost reduction, efficiency enhancement and upgrading, and the overall production and operation situation remained basically stable, but affected by market price fluctuations, the price of PVC resin, the company's main product, continued to fall. The decrease in cost is less than decrease in sales price, resulting in a negative net profit attributable to the owner of the parent company in 2025.
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