Black Cat Carbon Black expects net loss attributable to parent of 100 million to 130 million yuan in first half of 2026

Earnings
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Black Cat Carbon Black disclosed its earnings forecast, expecting a net loss attributable to the parent of 100 million to 130 million yuan in the first half of 2026, compared to a loss of 115 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 105 million to 135 million yuan, compared to a loss of 131 million yuan a year earlier. The company stated that carbon black sales volume increased quarter-on-quarter in the second quarter, and gross margin improved slightly from the previous quarter, but sharp fluctuations in upstream raw material prices and intense market competition put pressure on overall gross profit improvement, leading to a net loss in the reporting period. Going forward, the company will improve profitability through measures such as technological innovation and cost control.

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