Jiangtian Chemical's first-half net profit surges 22,955.37% year on year

Earnings
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Jiangtian Chemical disclosed its 2026 semi-annual report, with net profit attributable to shareholders of the listed company reaching 59.412 million yuan in the first half, up 22,955.37% year on year. During the period, the company achieved operating revenue of 962 million yuan, up 27.76% year on year. In the reporting period, the paraformaldehyde market was significantly affected by sharp fluctuations in upstream raw material methanol prices, and overall industry operations were highly volatile. In March, raw material costs surged due to geopolitical factors, and in late June raw material prices fell back rapidly. Downstream end users mainly made sporadic purchases based on immediate demand, overseas markets weakened simultaneously, and overall operating pressure on the industry was prominent.

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