Lubei Chemical released its 2026 semi-annual report, achieving operating revenue of 3.031 billion yuan, up 17.55% year-on-year. Net profit attributable to shareholders of the listed company was 172 million yuan, up 119.46% year-on-year. The performance growth was mainly due to the commissioning of the 60,000-tonne-per-year chloride-process titanium dioxide expansion project of its wholly-owned subsidiary Xianghai Technology, which boosted production capacity and market share. Second-quarter net profit was 115 million yuan, up 103% quarter-on-quarter.
Shandong Lubei Chemical Co LtdNet profit up 119.46% year-on-year due to expansion project boosting capacity and market share.
Wholly-owned subsidiary's expansion project drove parent's performance growth.
