Sichuan Meifeng and Wisesoft disclosed their 2026 half-year performance forecasts on the same day, with the former swinging to a loss and the latter narrowing its loss year-on-year. Sichuan Meifeng expects a net loss attributable to shareholders of the listed company of 48 million to 56 million yuan for the first half, compared with a profit of 8.0313 million yuan in the same period last year, mainly due to downward pressure on prices of major products such as urea and ammonium nitrate, while procurement prices of key raw materials like natural gas for production and monoammonium phosphate rose year-on-year. Wisesoft expects a net loss attributable to shareholders of the listed company of 28 million to 32 million yuan for the first half, with the loss narrowing from the same period last year. Its project execution is seasonal, with revenue recognition heavily concentrated in the second half of the year.
Sichuan Meifeng Chemical Industry Co LtdDownward pressure on prices of major products like urea and ammonium nitrate.
Wisesoft Co LtdLoss narrowed year-on-year but still significant; seasonal revenue recognition in H2.