Letong Shares disclosed its earnings forecast, expecting a net profit attributable to the parent company of 5.8 million to 8.7 million yuan for the first half of 2026, compared with a loss of 2.939 million yuan in the same period last year, achieving a turnaround from loss to profit. Deducted non-recurring profit is expected to be 5.5 million to 8.2 million yuan, compared with a loss of 3.5056 million yuan a year earlier. The company said the improvement was mainly due to a year-on-year increase of about 19.53 percent in ink sales revenue, a slight rise in product gross margin, lower financial expenses, and reduced investment losses from associates. During the reporting period, non-recurring gains and losses had an impact of about 430,000 yuan on net profit, mainly from government subsidies and the recovery of previous bad debt provisions.
Letong Chemical Co LtdCompany expects to turn profitable in H1 2026, with net profit of 5.8-8.7 million yuan vs loss last year, driven by higher sales and margins.