On January 29, SEMCORP announced that it expects to achieve a net profit attributable to shareholders of the listed company in the range of Yuan 109 million to 164 million for the year 2025, compared with a loss of Yuan 556 million in the same period last year, marking a year-on-year turnaround to profitability.
The report indicates that since the third quarter of the reporting period, downstream demand in the lithium battery separator industry has continued to grow. The company has made every effort to meet customers' needs for stable supply of high-quality separators, leading to steady growth in sales. Additionally, benefiting from an improvement in industry supply-demand dynamics, separator product prices have gradually stabilized, with some products experiencing price recoveries. Since 2025, and especially in Q4, increased sales volume, stabilized prices, and improved gross margins of the company's main products, combined with the receipt of certain government subsidies during the reporting period, have significantly enhanced profitability compared to the previous period, resulting in a successful return to profitability.
Edited by Cassie Li, lixiangying@mysteel.com
