Tianjin Jiuri New Materials Co LtdSwing to profit with revenue up 21.58% and improved gross profit due to price rebound and cost cuts.

Jiuri New Materials disclosed its 2026 half-year report. First-half operating revenue reached 867 million yuan, up 21.58 percent year on year. Net profit attributable to shareholders of the listed company was 43.41 million yuan, compared with a loss of 9.06 million yuan in the same period last year, swinging to a profit. Basic earnings per share were 0.27 yuan. The company said prices of some major photoinitiator products rebounded, and combined with continued cost reduction and efficiency improvement, overall gross profit increased from a year earlier. In addition, the share price of Xiamen Hengkung New Material Technology, in which the Tianjin Ruiwu Equity Investment Fund Partnership that the company co-established has invested, continued to climb. Ruiwu Fund's net profit continued to rise sharply, and the company's corresponding investment income increased.
Tianjin Jiuri New Materials Co LtdSwing to profit with revenue up 21.58% and improved gross profit due to price rebound and cost cuts.
Its share price continued to climb, boosting investment income for Jiuri.