公告日期：2025-10-30

ADAMA Reports Third Quarter and First Nine Months 2025 Results

BEIJING, CHINA and TEL AVIV, ISRAEL, October 29, 2025 – ADAMA Ltd. (the “Company”)
(SZSE 000553), today reported its financial results for the third quarter and first nine months of 2025
that ended September 30, 2025.
Third Quarter 2025 Highlights:

Stable Sales (0% in USD, 1% in RMB) of $933 million, reflecting the combined results of a 1%
increase in volume and a 1% decrease in prices

Adjusted gross profit up 14% to $257 million, representing an improvement of gross margin to
27.6% from 24.2% last year, reflecting the benefits of lower costs and higher volumes

Adjusted EBITDA up 50% to $120 million, representing an improvement of EBITDA margin to
12.9% from 8.6% last year

Adjusted net loss reduced to $20 million from $78 million last year; Reported net loss
improved by $85 million to $48 million compared to $133 million last year

First Nine Months 2025 Highlights:

Stable Sales (0% in USD, 1% in RMB) of $3,025 million, reflecting the combined results of a 3%
increase in volume and a 3% decrease in prices

Adjusted gross profit up 12% to $878 million, representing an improvement of gross margin to
29.0% from 25.8% last year, reflecting the benefits of lower costs and higher volumes

Adjusted EBITDA up 30% to $430 million, representing an improvement of EBITDA margin to
14.2% from 11.0% last year

Adjusted net income turned positive to $29 million compared to a loss of $149 million last year;
Reported net loss improved by $200 million to $59 million compared to $259 million last year
Operating cash flow of $331 million generated vs. $402 million last year

Free cash flow of $112 million vs. $179 million last year

Gal Hili, President and CEO of ADAMA, said, “In the third quarter, we continued to deliver
improved financial results with stable sales and our sixth consecutive quarter of year-over-year
EBITDA growth, clear ind……
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