Welcome to our dedicated page for CHINA XLX FERTILISER news (Ticker: CXLFF), a resource for investors and traders seeking the latest updates and insights on CHINA XLX FERTILISER stock.
China XLX Fertiliser Ltd (CXLFF) delivers essential agricultural solutions through innovative fertilizer production and sustainable practices. This dedicated news hub provides investors and industry professionals with official updates directly from the company.
Access timely announcements including quarterly earnings reports, strategic partnerships, and sustainability initiatives. Our curated collection features press releases detailing product innovations, market expansion efforts, and financial performance metrics.
Monitor developments in risk management strategies and operational milestones that demonstrate CXLFF's commitment to long-term growth in the fertilizer sector. All content comes from verified corporate sources, ensuring reliability for making informed decisions.
Bookmark this page for continuous access to China XLX Fertiliser's latest corporate communications and industry positioning updates.
China XLX Fertiliser reported its 2024 annual results, showing mixed performance with revenue declining 1.5% YoY to RMB 23.13 billion, while profit attributable to owners increased 23.0% YoY to RMB 1.46 billion. The company raised its final dividend by 8.3% to RMB 0.26 per share.
The company's performance was impacted by declining domestic coal prices and market oversupply. Key highlights include:
- Urea sales volume increased 29% YoY, though selling prices declined 17%
- Compound fertiliser revenue decreased 2% YoY to RMB 5.99 billion
- Methanol sales revenue grew 14.5% YoY to RMB 2.68 billion
- Finance costs reduced by 15% YoY
The company implemented its "Two Majors, One Share, Joint Service" marketing model to strengthen brand awareness and market share. New facilities including a 60,000-ton polyformaldehyde project and a 300,000-ton compound fertiliser project commenced operations, expanding the company's production capacity.
