Tongkun Group achieved double growth in revenue and net profit in the first half, with net profit attributable to the parent company rising nearly threefold year on year. The company's 2026 interim report shows first-half revenue of 52.709 billion yuan, up 19.36 percent year on year; net profit attributable to the parent of 4.222 billion yuan, up 285.03 percent; and net profit attributable to the parent after deducting non-recurring items of 4.006 billion yuan, up 280.03 percent. The earnings growth was mainly driven by recovering profitability in core products such as polyester filament yarn and PTA, as well as improved results at its associate Zhejiang Petrochemical. In the first half, the company's investment income from associates and joint ventures was 1.676 billion yuan, compared with 424 million yuan a year earlier; Zhejiang Petrochemical posted net profit of 8.275 billion yuan, compared with 2.132 billion yuan in the prior-year period.
TongKun Group Co LtdFirst-half net profit nearly tripled on recovering filament margins and PTA profitability.
Zhejiang Petrochemical's net profit jumped to 8.275 billion yuan from 2.132 billion, boosting Tongkun's investment income.
