Jiangyin Haida Rubber and Plastic Co Ltd Class ACompany forecasts 20-30% net profit growth for H1 2026, driven by higher revenue, margins, and cost controls.

Haida Shares disclosed an earnings forecast, expecting attributable net profit of 130 million to 141 million yuan in the first half of 2026, a year-on-year increase of 20% to 30%. Deducted non-recurring net profit is expected to be 129 million to 140 million yuan, up 19.66% to 29.71% year-on-year. The company said the profit growth was mainly due to a slight increase in operating revenue, higher gross margins, significant revenue growth in shipping-related products, and continued growth in the overseas automotive sealing business. At the same time, the company effectively coped with raw material price fluctuations through centralized procurement and measures to improve quality and efficiency. Non-recurring gains and losses during the reporting period are expected to be about 1.03 million yuan.
Jiangyin Haida Rubber and Plastic Co Ltd Class ACompany forecasts 20-30% net profit growth for H1 2026, driven by higher revenue, margins, and cost controls.