*ST Sanfang disclosed its earnings forecast, expecting a net profit attributable to the parent company of 4.9 million to 5.9 million yuan for the first half of 2026, compared with a loss of 262 million yuan in the same period last year, achieving a turnaround year-on-year. The net profit after deducting non-recurring items is expected to be a loss of 39.7 million to 40.7 million yuan, significantly narrowing from a loss of 270 million yuan in the same period last year. The company stated that the industry supply-demand pattern has improved somewhat, with sales prices of main products rising and processing fees increasing, leading to improved profitability of its main business.
Jiangsu Sanfangxiang Industry Co LtdCompany expects turnaround due to improved industry supply-demand pattern, higher sales prices, and increased processing fees.