China XLX Fertiliser Reports Strong Q2 Performance

China XLX Fertiliser Ltd. revealed a strong quarter-on-quarter rebound in Q2 2025. The company's revenue grew by 16.7% to RMB 6.82 billion. Profit attributable to the parent company surged 103.4% to RMB 402 million. This resurgence was driven by improved sales volumes and selling prices, particularly in urea and melamine, amid a recovery in downstream demand.

While the first quarter faced setbacks due to lower product prices, the second quarter showed significant enhancement. Revenue from urea sales declined by 16% year-over-year in the first half but rebounded 10% in Q2, driven by improved export conditions and rising demand. Methanol sales also performed well, with a 27% increase year-over-year in the first half.

The Group's focus on optimizing its debt structure led to a reduction in finance expenses by 14%. As of June, the debt-to-asset ratio was maintained at a healthy 63.5%. Further expansions, including the commencement of Phase II of the Jiangxi Project, are expected to enhance cash flow in the coming months.