Lomon Billions' Net Profit Drops Nearly 20% in H1 2025

Lomon Billions Group Co., Ltd. recently released its 2025 half-year financial report. The report shows that the company generated operating revenue of RMB 13.33 billion in the first half of the year, down 3.34% year-on-year. Net profit attributable to shareholders was RMB 1.385 billion, a decrease of 19.53% year-on-year, while net profit after deducting non-recurring items was RMB 1.346 billion, down 19.61%. Basic earnings per share came in at RMB 0.58.

The company attributed the profit decline mainly to lower titanium dioxide prices. Despite overall earnings pressure, Lomon Billions highlighted its resilience, supported by a diversified business portfolio.

As a global leader in the titanium industry, the company leverages its "full industry chain, circular economy, and low-cost" advantages to build synergies across titanium dioxide, iron-based products, zirconium products, sponge titanium, and new energy materials. According to the report, titanium dioxide remained the core product, with revenue reaching RMB 8.663 billion-accounting for 64.99% of total revenue-down 7.68% year-on-year. In the first half of 2025, the company produced 682,200 tons of titanium dioxide, up 5.02% year-on-year, and sold 612,000 tons, up 2.08%. Domestic sales accounted for 43.71% of the total, while international sales contributed 56.29%. Sales of sulfuric-acid-process titanium dioxide reached 427,400 tons, up 2.10% year-on-year, and sales of chloride-process titanium dioxide totaled 184,600 tons, up 1.99%, further strengthening the company's market share.

Beyond titanium dioxide, Lomon Billions' other diversified businesses showed strong momentum. Sponge titanium stood out in particular, generating revenue of RMB 1.489 billion, an increase of RMB 1.296 billion year-on-year. Both production and sales hit new highs in the first half: sponge titanium output reached 36,200 tons, up 9.30% year-on-year, while sales totaled 38,700 tons, up 25.51%.

Meanwhile, revenues from iron-based products, zirconium products, and new energy materials reached RMB 1.166 billion, RMB 514 million, and RMB 527 million, respectively, posting year-on-year growth of 10.61%, 18.95%, and 27.23%.