Shida Shenghua disclosed its earnings forecast, estimating that net profit attributable to shareholders for the first half of 2026 will be between 410 million and 470 million yuan, compared with a loss of 56.3378 million yuan in the same period last year, achieving a turnaround to profit. Net profit after deducting non-recurring items is expected to be between 414 million and 474 million yuan, compared with a loss of 57.1348 million yuan a year earlier. The company stated that the change in performance is mainly due to the continued recovery trend in the market and a clear rebound in demand. The company seized market opportunities, leading to higher product prices and improved profitability. Shida Shenghua's main business covers the electrolyte, carbonate ester, and methyl tert-butyl ether industries.
Shandong Shida Shenghua ChemCompany expects turnaround to profit due to market recovery and clear rebound in demand, leading to higher product prices and improved profitability.