Mega P&C Advanced Materials has disclosed a profit forecast, expecting attributable net profit for the first half of 2026 to be between 35 million and 41 million yuan, a year-on-year decline of 62.76% to 68.21%. Deducted non-recurring net profit is expected to be between 27 million and 33 million yuan, down 65.3% to 71.61%. The company stated that the main reason for the decline is that the container coatings business was affected by lower industry demand, leading to a year-on-year decrease in sales revenue and gross profit. Although the wind power coatings business grew, it was not enough to offset the shortfall. In addition, new businesses such as marine coatings and photovoltaic coatings are still in the customer development stage, with increased selling expenses and a lagging revenue contribution.
MEGA P&C Advanced Materials (Shanghai) Company LimitedContainer coatings business hit by lower industry demand, causing sales and gross profit decline.