Jiahua Energy disclosed its 2026 interim report. In the first half, it achieved operating revenue of 5.036 billion yuan, up 0.6% year on year, and net profit attributable to the parent of 219 million yuan, down 62.3% year on year. Basic earnings per share were 0.1683 yuan, and the company plans to distribute a cash dividend of 0.8 yuan for every 10 shares. The company also announced that Jiamei Shipping, a holding subsidiary of its wholly owned subsidiary Meifu Terminal, plans to invest in building one 35,000 cubic meter medium-sized liquefied hydrocarbon carrier, focusing on specialized liquefied hydrocarbon shipping services within Zhejiang Province and along China's coast. The total investment will not exceed 750 million yuan, of which Meifu Terminal will bear no more than 450 million yuan. In addition, the company plans to absorb and merge its wholly owned subsidiary Jiaxing Fancheng Chemical Company Limited to optimize its management structure.
Zhejiang Jiahua Energy Chemical Industry Co LtdNet profit fell 62.3% year on year in H1 2026.
