Shandong Head Co Ltd

Shandong Head has disclosed its 2026 semi-annual report, with net profit attributable to the parent up 88.27% year on year. During the reporting period, the company achieved operating revenue of 1.225 billion yuan, up 26.05% year on year; net profit attributable to the parent was 213 million yuan; basic earnings per share were 0.62 yuan. The company plans to distribute a cash dividend of 2 yuan per 10 shares, tax included, to all shareholders.

Shandong Head announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 204 million and 226 million yuan, representing a year-on-year increase of 80% to 100%. The change in performance is mainly due to higher capacity utilization, increased production and sales volumes for cellulose ether and plant capsule products, along with lower unit product costs, leading to enhanced profitability.