Jiuli Special Materials has disclosed its earnings forecast, expecting attributable net profit for the first half of 2026 to be between 372 million and 414 million yuan, a year-on-year decline of 50% to 55%. Deducted non-recurring net profit is expected to be between 142 million and 181 million yuan, down 77% to 82%. Basic earnings per share are projected to be between 0.38 and 0.43 yuan. The company said the performance fluctuation was mainly affected by multiple factors including industry structural adjustments, weak downstream demand, intensified market competition, delayed delivery of overseas orders, rising costs, and a high base in the same period last year.
Zhejiang JIULI Hi-tech Metals Co LtdCompany forecasts 50-55% net profit drop due to weak downstream demand, delayed overseas orders, and intensified competition.