SDIC Fengle has issued its 2026 first-half performance forecast, projecting a net loss attributable to the parent of 28 million to 33 million yuan, compared with a loss of 28.03 million yuan in the same period last year. The company said profits from its seed and agrochemical businesses increased year on year, but profits from the fertilizer business fell due to lower gross margins on concentrate powder, and profits from the fragrance business declined because of higher depreciation at the new plant. The previously disclosed first-quarter report showed a net loss attributable to the parent of 16.75 million yuan, widening from the same period a year earlier.
Hefei Fengle Seed Co LtdCompany forecasts a net loss of 28-33 million yuan for first half 2026, with profits declining in fertilizer and fragrance businesses.