Intco Medical disclosed its 2026 semi-annual report. In the first half of the year, it achieved operating revenue of 6.909 billion yuan, up 40.61% year on year. Net profit attributable to shareholders of the listed company was 837 million yuan, up 17.86% year on year. Basic earnings per share were 1.31 yuan. The company also plans to distribute a cash dividend of 1.0 yuan per 10 shares before tax. Since the second quarter, international oil prices have fluctuated upward, compounded by the impact of the Middle East situation. Prices of upstream raw materials such as nitrile latex have risen sharply, significantly lifting industry costs. However, benefiting from improved supply-demand dynamics and cost-side support, selling prices of disposable gloves orders have risen in tandem, and the industry's profit margin has continued to widen. The overall picture shows both volume and price rising, with thicker profits. As of the end of the reporting period, the company's annualized production capacity for disposable non-latex gloves reached 107 billion gloves, including annualized capacity of 74 billion for disposable nitrile gloves and 33 billion for disposable PVC gloves.
Shandong Intco Medical Products Co LtdRising raw material costs and improved supply-demand dynamics lift glove prices and margins, boosting profits.
