Lubei Chemical announced that it expects net profit attributable to owners of the parent company for the first half of 2026 to be 172 million yuan, an increase of 119.82 percent year-on-year. The change in performance is mainly due to a 25.77 percent year-on-year increase in sales volume of the main product titanium dioxide, as well as cost reduction and efficiency improvement measures that effectively lowered production costs. The company's net profit for the second quarter is expected to be 115 million yuan, compared with 57 million yuan in the first quarter. Based on this calculation, second-quarter net profit is expected to increase by 103 percent quarter-on-quarter.
Shandong Lubei Chemical Co LtdCompany expects net profit to rise 119.82% YoY due to higher sales volume and cost reduction.