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Jinyuan Hydrogenation (02502.HK) 2025 Revenue Decreased 16.2% Year-over-Year to 2.599 Billion Yuan
Gelonghui March 23 — Jinyuan Hydrogenation (02502.HK) announced that for the year ending December 31, 2025, the group’s revenue decreased from RMB 3.102 billion in 2024 to RMB 2.599 billion in 2025, a reduction of RMB 503 million or 16.2%. The total comprehensive income attributable to owners of the company for 2025 was a loss of RMB 34.2 million. Basic loss per share was RMB 0.04.
The decrease was mainly due to a 21.8% decline in the average selling price of hydrogenated phenyl chemicals, combined with (i) rising production costs for various products, and (ii) the increase in raw material prices for energy products exceeding the average selling price of the products, resulting in the group’s gross profit margin dropping from 2.3% in 2024 to 1.2% in 2025.