Guanghua Co. released its 2026 interim report, with operating revenue of 855 million yuan, up 9.55% year on year, but net profit attributable to the parent company of 42 million yuan, down 16.41% year on year. The company said revenue growth mainly benefited from expansion in export markets and rising demand in emerging application areas such as new energy, with outdoor polyester resin revenue of 748 million yuan, up 13.39% year on year, and export revenue of 184 million yuan, up 20.09% year on year. The decline in net profit was mainly dragged by high raw material costs and increased exchange losses, with financial expenses surging 144.91% year on year, and net profit attributable to the parent company after deducting non-recurring items of 35 million yuan, down 23.96% year on year. Net cash flow from operating activities turned positive to 22 million yuan from negative 65 million yuan in the same period last year, mainly due to the maturity of pledged time deposits.
Zhejiang Guanghua Technology Co. Ltd. ANet profit down 16.41% despite revenue growth, due to high raw material costs and exchange losses.
