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Letong Chemical Co Ltd

Letong Chemical Co., Ltd. produces and sells chemical raw materials and chemical products in China and internationally. Its offerings include cigarette packaging and paper inks, UV-curable inks, food flexible packaging inks, beverage label inks, building materials and decorative inks, and water-based inks. The company also engages in new energy technology promotion services and investment management activities. Founded in 1996, it is based in Zhuhai, China.

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002319.CS

Letong Shares Releases 2026 Interim Report with Net Profit of 6.6977 Million Yuan

Letong Shares has released its 2026 interim report, with net profit attributable to the parent company of 6.6977 million yuan. The company's total operating revenue was 239 million yuan, and net cash flow from operating activities was negative 2.4107 million yuan, a year-on-year decrease of 131.82%. The company's latest asset-liability ratio was 70.63%, gross margin was 19.91%, and diluted earnings per share was 0.03 yuan.
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002319.CS

Letong Shares expects to turn profitable in the first half of 2026, with earnings of 5.8 million to 8.7 million yuan

Letong Shares disclosed its earnings forecast, expecting a net profit attributable to the parent company of 5.8 million to 8.7 million yuan for the first half of 2026, compared with a loss of 2.939 million yuan in the same period last year, achieving a turnaround from loss to profit. Deducted non-recurring profit is expected to be 5.5 million to 8.2 million yuan, compared with a loss of 3.5056 million yuan a year earlier. The company said the improvement was mainly due to a year-on-year increase of about 19.53 percent in ink sales revenue, a slight rise in product gross margin, lower financial expenses, and reduced investment losses from associates. During the reporting period, non-recurring gains and losses had an impact of about 430,000 yuan on net profit, mainly from government subsidies and the recovery of previous bad debt provisions.
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