Suhe Chemical disclosed its earnings forecast, expecting a net loss attributable to the parent of 5.6 million yuan to 6.6 million yuan in the first half of 2026, compared with a profit of 2.6087 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 14 million yuan to 15 million yuan, compared with a loss of 6.5835 million yuan in the same period last year. The company stated that rising prices of key raw materials put pressure on production costs, but by adjusting sales prices, the overall gross margin in the first half improved slightly year-on-year, and the main business operations stabilized and recovered. However, due to a high proportion of export sales, significant exchange rate fluctuations caused large exchange losses, and financial expenses increased substantially year-on-year, which had a notable impact on half-year profitability. The company said it will continue to implement the strategy of stabilizing foundations and improving quality and efficiency to drive sustained profit recovery.
Nantong Acetic Acid Chemical Co LtdSignificant exchange rate fluctuations caused large exchange losses, increasing financial expenses and impacting profitability.