Conch New Material disclosed its earnings forecast, expecting a net loss attributable to shareholders of 30 million to 45 million yuan in the first half of 2026, compared with a loss of 28.9982 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 33 million to 48 million yuan, compared with a loss of 41.3619 million yuan in the same period last year. The company stated that in the first half of the year, overseas market revenue continued to increase, the direct-to-consumer business scale expanded rapidly, the revenue share of SCR denitrification catalysts rose, and new products such as PVC outdoor flooring formed growth points. However, due to the industry situation and market competition, sales volumes of plastic profiles and aluminum profiles declined year-on-year, and overall performance has not yet turned profitable.
Wuhu Conch Profiles and Science Co LtdExpects net loss of 30-45 million yuan in H1 2026, wider than prior year loss of 28.9982 million yuan.