Yaxing Chemical disclosed an earnings forecast, expecting a net loss attributable to the parent of 62.32 million to 71.32 million yuan in the first half of 2026, compared with a loss of 96.534 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 65.26 million to 74.26 million yuan, compared with a loss of 95.9395 million yuan a year earlier. The company said that in the first half of the year, overall product gross margins were under pressure due to a weak macro environment and intensified industry competition. However, product selling prices recovered in the second quarter, improving profitability and driving a year-on-year increase in net profit attributable to the parent after deducting non-recurring items, with the half-year loss narrowing compared with the same period last year. In addition, the company is simultaneously advancing production operations at existing facilities and trial production for new projects, leading to high capital investment needs and a large financing scale. This has kept financial expenses elevated during the period, partially offsetting the profit improvement.
Yaxing ChemOverall product gross margins under pressure due to weak macro environment and intensified industry competition, though second-quarter price recovery narrowed loss.