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Kuncai Technology's first-half 2026 net profit surges 255% year on year
Kuncai Technology released its 2026 semi-annual report, achieving operating revenue of 847 million yuan, up 48.03% year on year. Net profit attributable to shareholders of the listed company was 176 million yuan, up 255.43% year on year. The profit growth was mainly driven by growth in the pearlescent materials business, combined with volume expansion in the titanium dioxide and iron oxide businesses, and the reversal of a large impairment loss on assets. The company's second-quarter net profit was 101 million yuan, and first-quarter net profit was 74 million yuan. Based on this, second-quarter net profit rose 36% quarter on quarter.