Fengyuan Co. disclosed its 2026 semi-annual report on August 26. In the first half of the year, it achieved total operating revenue of 3.278 billion yuan, up 353.04 percent year on year, and net profit attributable to the parent company of 146 million yuan, swinging from a loss to a profit compared with the same period last year. Net profit after deducting non-recurring items was 97.251 million yuan, also turning from a loss to a profit. Net cash flow from operating activities was negative 14.8781 million yuan, compared with 11.0329 million yuan in the same period last year. Basic earnings per share were 0.52 yuan, and the weighted average return on equity was 15.68 percent, up 31 percentage points year on year. The company said that during the reporting period, total non-recurring gains and losses were 48.6804 million yuan, of which government subsidies included in current profit or loss were 49.8006 million yuan.
Shandong Fengyuan Chemical Co LtdSwung to profit with net profit of 146 million yuan in H1 2026.
