Quechen Silicon Chemical disclosed its 2026 interim report. In the first half, it achieved operating revenue of 1.219 billion yuan, up 9.57 percent year on year, but net profit attributable to shareholders of the listed company was 177 million yuan, down 35.96 percent year on year, with basic earnings per share of 0.43 yuan. The company plans to distribute a cash dividend of 0.5 yuan per 10 shares, tax included. The decline in profit was mainly due to new production lines still being in the ramp-up stage, with relatively large fixed cost allocations such as depreciation, increased management expenses after the completion of a new research and development building, foreign exchange losses arising from a relatively high proportion of overseas sales, and a sharp rise in commodity prices such as LNG and sulfur caused by geopolitical conflict in the Middle East in February 2026, which pushed up product costs.
Quechen Silicon Chemical Co. Ltd.New production lines in ramp-up stage increased fixed costs, and geopolitical conflict raised LNG and sulfur prices, pushing up product costs.
