Welcome to Chempricehub

 
Home > Category > News > 
carbon
Turning Losses into Profits! Oriental Shenghong Forecasts Net Profit of 1-1.5 Billion for 2025
Published on 2026-02-04

On January 29, 2026, Oriental Shenghong released its 2025 annual performance forecast. The company expects a net profit attributable to shareholders of RMB 1 billion to RMB 1.5 billion, achieving a turnaround from loss to profit, compared with a loss of RMB 22.97 billion in the same period last year. The estimated non-GAAP net loss is projected to be between RMB 5.12 billion and RMB 5.62 billion, a significant narrowing from the loss of RMB 26.54 billion in the same period last year, indicating a notable improvement in operational quality. Oriental Shenghong attributed the performance change primarily to the stable production and sales of its 16 million tons/year refining and chemical integration project and various business segments. Against the backdrop of declining average prices of crude oil and petrochemical products in 2025, the company enhanced its comprehensive profitability through measures such as optimizing crude oil procurement, strengthening industrial synergy, adjusting product structures, and increasing high-value-added product categories. The company's main businesses include petrochemical and chemical new materials, as well as polyester and chemical fibers. It has established industrial bases in Lianyungang, Suzhou, Suqian, and other locations, with over 50 subsidiaries and more than 30,000 employees. Leveraging its 16 million tons/year refining and chemical integration project, 2.4 million tons/year MTO facility, and 700,000 tons/year PDH unit, the company has built a synergistic structure integrating olefins and aromatics, possessing multi-path olefin production capabilities from oil, coal, and gas sources, forming a vertically integrated industrial chain complex. In the field of new energy materials, Oriental Shenghong is a rare domestic supplier of film materials with proprietary technologies for photovoltaic-grade EVA and POE, achieving breakthroughs in import substitution. Its subsidiary, Sierbang Petrochemical, serves as the core entity for new materials, boasting capacities of millions of tons for EVA, acrylonitrile, and other products, with a 100,000 tons/year POE facility steadily advancing. Additionally, the company has established two globally pioneering green industrial chains: CO₂-based polyester fiber production, reducing carbon emissions by 28.4%, and recycled polyester from waste plastic bottles, achieving a win-win scenario for green, low-carbon development and economic benefits.

Comments

0
No comments yet.