New East New Materials Co Ltd603110
▲ PositiveCapitalrelevance
Net profit surged 1,573% year on year, though Q2 profit fell 94% QoQ within guidance.

Eastern Materials released its first-half 2026 report, achieving operating revenue of 197 million yuan, up 13.21% year on year. Net profit attributable to shareholders of the listed company was 10.95 million yuan, up 1,573.21% year on year. Second-quarter net profit was 1 million yuan, down 94% quarter on quarter, after the company had previously guided for a range of negative 1 million yuan to 2 million yuan.
New East New Materials Co LtdNet profit surged 1,573% year on year, though Q2 profit fell 94% QoQ within guidance.