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Zhejiang Yongtai Technology Co., Ltd. (YTT) announced its preliminary estimated interim results for the period 1 January 2025 to 30 June 2025 on 14 July 2025. The company estimates net profit attributable to shareholders to be RMB56.625 million to RMB64.175 million, representing a year-over-year growth of 50.40% to 70.45%. These preliminary results, which also detail estimated net profit after deducting non-recurring gains and losses and basic earnings per share, have not been audited by an accounting firm.
| Date | 14 Jul 2025 |
| Time | 15:00:14 |
| Category | Miscellaneous |
| ID | 9843Q |
ZHEJIANG YONGTAI TECHNOLOGY CO., LTD.
(GDR under the symbol: "YTT")
(a joint stock company established under the laws of the People's Republic of China with limited liability)
Preliminary Estimation for the Interim Results of 2025
I. Preliminary Results for the Current Period
1. Period for the estimated results: 1 January 2025 to 30 June 2025
2. Estimated results: Increase over last year
|
Item |
Current reporting period |
Corresponding period last year |
|
Net profit attributable to the shareholders of the listed company |
Profit: RMB56.625 million -RMB64.175 million |
Profit: RMB37.6503 million |
|
Year-over-year growth: 50.40% to 70.45% |
||
|
Net profit after deducting non-recurring gains and losses |
Profit: RMB20.35 million-RMB27.90 million |
Profit: RMB26.5193 million |
|
Year-over-year growth: -23.26% to 5.21% |
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|
Basic earnings per share |
Profit: RMB0.06/share - RMB0.07/share |
Profit: RMB0.04/share |
II. Communication with Accounting Firm
The financial data related to this preliminary results has not been audited by the accounting firm.
III. Explanation for the Changes in Results
During the reporting period, the newly commissioned capacities of subsidiaries such as Inner Mongolia Yongtai, Yongtai New Energy and Yongtai High-Tech continued to ramp up, with utilization rates steadily rising. This drove year-on-year, steady growth in both production and sales volumes of the crop-science and lithium-battery segments, enhancing the Group's overall profitability.
Non-recurring Profits and Losses for the period amounted to approximately RMB 36 million, primarily comprising government grants and other gains recognized in the period.
IV. Other Relevant Explanation
This preliminary result is based on the estimation of the Finance Department of the Company, and the specific financial data is subject to the 2025 interim report to be disclosed by the Company. Investors are kindly advised to make cautious decisions and pay attention to investment risks.
The Board of Directors
Zhejiang Yongtai Technology Co., Ltd.
14 July 2025