Shandong Haihua disclosed its earnings forecast, expecting a net loss attributable to the parent company of 240 million to 320 million yuan in the first half of 2026, compared with a loss of 258 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 265 million to 345 million yuan, compared with a loss of 284 million yuan a year earlier. Basic loss per share is expected to be 0.27 to 0.36 yuan. The company stated that during the reporting period, downstream demand in the industry was insufficient, and the sales price of its main product, soda ash, remained at a low level. Shandong Haihua is rooted in the salt chemical industry, mainly producing and selling products such as soda ash, caustic soda, bromine, calcium chloride, and baking soda.
Shandong Haihua Co LtdDownstream demand insufficient, soda ash price low, leading to expected loss.