xinyangfeng agricultural technology (000902.SZ): The net profit attributable to the parent company of iron phosphate in the first three quarters is estimated to be a loss of around 30 million.

Gelonghui Finance · Oct 18 05:59

On October 18, Gelonhui learned that xinyangfeng agricultural technology (000902.SZ) held an analyst meeting on October 18, 2024, to discuss the current situation of iron phosphate losses. Will the company continue to invest in iron phosphate? The company stated that in the first three quarters of this year, the net income attributable to iron phosphate is estimated to be around 30 million in losses. The iron phosphate subsidiary is accounted for separately, and considering the self-supply of raw materials industry ammonium, the impact on net income is even smaller. Iron phosphate has been losing money for over two years, with little possibility of further price drops in the coming year, and the possibility of making a positive contribution to profits in the following years is not ruled out. The company currently has no plans to continue investing in iron phosphate.

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新洋丰(000902.SZ)：前三季度磷酸铁的归母利润影响大概亏损额在3000万左右

xinyangfeng agricultural technology (000902.SZ): The net profit attributable to the parent company of iron phosphate in the first three quarters is estimated to be a loss of around 30 million.

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