Taihe Technology expects first-half 2026 net profit attributable to parent to rise 112.89% to 176.75% year-on-year

Earnings
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Taihe Technology disclosed its earnings forecast, expecting net profit attributable to the parent for the first half of 2026 to be between 120 million and 156 million yuan, a year-on-year increase of 112.89% to 176.75%. Deducted non-recurring net profit is expected to be between 113 million and 149 million yuan, a year-on-year increase of 186.16% to 277.73%. The company stated that despite a significant rise in raw material prices, through refined management and adjustments to business strategies, costs and expenses dropped substantially, while year-on-year growth in unit selling prices and revenue led to a doubling of profits. However, the chlor-alkali business dragged down overall performance due to very poor market conditions. During the reporting period, the company accrued employee stock ownership plan related expenses of 17.8914 million yuan, and the impact of non-recurring gains and losses on net profit is estimated to be about 7.5 million yuan.

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Earnings forecast shows net profit up 112.89%-176.75% YoY, driven by cost cuts and higher selling prices.