Binhai Energy disclosed its earnings forecast, expecting a net loss attributable to the parent company of 21 million to 29 million yuan in the first half of 2026, compared with a loss of 39.1339 million yuan in the same period last year. The net loss after deducting non-recurring items is also expected to be 21 million to 29 million yuan, compared with a loss of 39.6739 million yuan in the same period last year. The company stated that benefiting from industry demand growth, the processing price for graphitization has steadily increased, and the average selling price of products has risen year-on-year. At the same time, the gradual release of new anode production capacity has reduced unit production costs, leading to an improvement in gross margin compared with the same period last year. However, the equity incentive plan has caused an increase in period expenses due to share-based payment charges.
Tianjin Binhai Energy & Development Co LtdIndustry demand growth raised graphitization processing prices and product selling prices, improving gross margin.