Sanyou Chemical announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be 168 million yuan, up 129% year-on-year. The change in performance is mainly due to higher selling prices for products in the chemical fiber and silicone segments, which improved profitability, while the company's cost-saving and expense-reduction measures led to a year-on-year decline in period expenses. The company's net profit for the second quarter is expected to be 260 million yuan, compared with a net loss of 92 million yuan in the first quarter. Based on this calculation, net profit in the second quarter is expected to swing from a loss to a profit quarter-on-quarter.
Tangshan Sanyou Chemical Industries Co LtdCompany expects 129% net profit increase driven by higher selling prices and cost savings.