Zhejiang XinAn Chemical Industrial Group Co Ltd

Xin'an Co. released its 2026 semi-annual report, achieving operating revenue of 8.563 billion yuan, up 6.26% year on year; net profit attributable to shareholders of the listed company was 254 million yuan, up 268.03% year on year. Second-quarter net profit was 158 million yuan, first-quarter net profit was 96 million yuan, with second-quarter net profit up 64% quarter on quarter.

Xin'an Shares disclosed an earnings forecast, estimating that net profit attributable to shareholders of the parent company in the first half of 2026 will be 240 million to 260 million yuan, representing a year-on-year increase of 247.46% to 276.41%. The company stated that the profit growth was mainly driven by the gradual recovery of the macro economy and an improvement in industry supply and demand dynamics, leading to a steady rise in the market prices of its main products.

Xin'an Shares announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 240 million and 260 million yuan, representing a year-on-year increase of 247% to 276%. The change in performance is mainly due to higher market selling prices for its main products, cost control, and an increased proportion of sales from high-value-added products. The company's net profit for the first quarter was 96 million yuan, implying that second-quarter net profit is expected to rise 49% to 70% quarter-on-quarter.